Documents guiding implementation of Real Estate Business Law, Housing Law being drafted: Official

The Government has issued plans and lists of tasks to build documents guiding the implementation of the newly-approved Law on Real Estate Business and Law on Housing, said Deputy Minister of Construction (MoC) Nguyen Van Sinh.
Documents guiding implementation of Real Estate Business Law, Housing Law being drafted: Official ảnh 1At the Government’s regular press conference in Hanoi on April 3. (Photo: VNA)
Hanoi (VNA) – The Government has issued plans andlists of tasks to build documents guiding the implementation of thenewly-approved Law on Real Estate Business and Law on Housing, said DeputyMinister of Construction (MoC) Nguyen Van Sinh.

For the Law on Housing, the MoC has been assigned to buildthree decrees, one circular and one decision to detail the law, the officialsaid at the Government’s regular press conference in Hanoi on April 3.

Alongside, the Ministry of National Defence and the Ministry ofPublic Security were asked to build circulars detailing a number of articles ofthe law related to their authority.

For the Law on Real Estate Business, the MoC was requestedto build two decrees and one circular, while the Ministry of Finance was taskedto design a circular on the use of financial resources for the collection ofinformation and operations of the information system and database on housingand the real estate market, the price of information system and database supplyservices and the use of money from the services.

At the same time, the Government also asked localities to specifya number of regulations related to the Housing Law, and design regulations to supportinvestors in social housing development in their locality, said the official.

Sinh added that the MoC has established a draftingcommittee to build the documents, while making public the contents of the draftdocuments to gather ideas from people, businesses, ministries, sectors,localities, associations, and other relevant agencies.

The ministry has held many conferences in Hanoi and Ho ChiMinh City to discuss the documents, especially the decree on upgrading andrebuilding old apartment buildings, he said.

As scheduled, the ministry will send the draft documents tothe Ministry of Justice on April 20 for verification after competing them andsubmitting them to the Government for approval in May, said Sinh./.
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