Ha Tinh tightens real estate activities in the face of virtual land fever

The Ha Tinh Department of Construction has just issued a document requesting relevant units to strengthen management so that real estate business activities at projects in the province comply with the law and ensure the rights of organizations and individuals participating in transactions.

On September 19, speaking with a reporter from the People's Representative Newspaper, Mr. Dang Van Thanh, Director of the Ha Tinh Department of Construction, said that the unit has just requested relevant units to strengthen the management of real estate activities in the area.

Immediately after Ha Tinh province announced the planning of the western industrial park in Toan Luu commune, land prices there were pushed up. Hundreds of “land brokers” rushed to hunt for land, causing land prices to jump every day.

Accordingly, the Department of Construction requests organizations and individuals (enterprises) doing business in real estate services that have not yet met the conditions prescribed in Article 54, Article 55 and Clause 1, Article 61 of the Law on Real Estate Business 2023 and Article 14 of Decree 96/2024/ND-CP, Article 15 of Decree 96/2024/ND-CP dated July 24, 2024 of the Government detailing a number of articles of the Law on Real Estate Business, to urgently supplement all the conditions prescribed above.

For individuals practicing real estate brokerage: individuals are only allowed to practice when meeting the conditions prescribed in Clause 2, Article 61 of the Law on Real Estate Business 2023 (having a valid real estate brokerage practice certificate and must practice in a real estate trading floor service business or a real estate brokerage service business) and performing the obligations prescribed in Clause 2, Article 65 of the Law on Real Estate Business 2023.

In order to control and make transparent the personal information of individuals qualified to practice real estate brokerage and post unofficial information that may have a negative impact on the psychology of investors, customers and the market, the Department of Construction recommends that individuals practicing real estate brokerage apply information technology and social networks in real estate business, and practice real estate brokerage always clearly state the information of the Certificate Number (on the cyberspace environment: zalo, facebook...).

Investors of real estate projects in the province: investors of housing projects, residential areas, urban areas with housing, enterprises, organizations, and individuals doing real estate business in the province must strictly comply with the provisions of the law on planning, land, investment, construction, housing, real estate business, anti-money laundering and related legal provisions; ensure that the putting of real estate into business and the transfer of real estate projects must meet all conditions as prescribed by law.

The situation of dividing and selling land plots is rampant in Toan Luu commune. In the photo is a plot of land in Trung Tam village, Toan Luu commune, which was leveled and divided into plots for sale.

The provincial police proactively deployed to the police of communes and wards to handle organizations and individuals using social networks to provide and share false information about real estate products; handle the activities of real estate trading floors and real estate brokerage activities that violate the law, tax evasion, and acts of providing inaccurate information, causing negative impacts on the activities of the financial, credit and real estate markets.

The Provincial Economic Zone Management Board and the People's Committees of communes and wards organize the public announcement of information on planning and progress of infrastructure development projects and real estate projects in the locality to ensure transparency of information, prevent the spread of rumors and speculation to increase prices for illegal profit, and prevent price fever and real estate bubbles in the locality.

Have effective measures to manage and control brokerage activities of organizations and individuals related to real estate business activities in the locality.

The Department of Justice directs notary offices to only notarize real estate transaction documents for real estate projects that are qualified to be put into business according to regulations; regularly inspect and handle violations of the law in notarization activities.

Previously, as the People's Representative Newspaper had an article reflecting, right after Ha Tinh province announced the planning of the western industrial park in Toan Luu commune, land prices there were immediately pushed up. Hundreds of "land brokers" rushed to hunt for land, causing land prices to jump every day.

Faced with the above situation, the Toan Luu commune government has also proactively implemented solutions to prevent the "virtual fever" and minimize the consequences. At the same time, it has propagated and advised people not to chase after virtual transactions, to avoid falling into the situation of borrowing, depositing to buy land and then "holding debt" when the market "cools down".

Source: https://daibieunhandan.vn/ha-tinh-siet-chat-hoat-dong-bat-dong-san-truoc-con-sot-dat-ao-10387435.html