Owners of mini-apartments in Hanoi are
finding it difficult to gain land use certificates also known as a pink book as
the landlords of their homes have not completed the necessary procedures.
Many
average earners are choosing to buy mini-apartments. But several home-owners
remain concerned that they do not have the legal documents that prove their
ownership. The only proof they have is a contract stamped by local authorities,
while they continue to lack proof of their land-use rights, and the red book,
proving property ownership remains in the hands of the investor.
Before
signing the contracts, buyers were warned that they would have to wait several
months before receiving their pink book.
One of
the main causes for the delay in apartment owners not receiving their pink
books is that investors have not obeyed building regulations. When asking for
the building permit, many investors only applied for a 'private house' permit
rather than a business permit in order to avoid taxes. Many buildings lack
lifts, emergency exits or fire alarms as the building developers want to cut
costs.
"Pink
books are hard to get because investors commonly flout basic building
restrictions, such as the number of storeys in their block. Those who live in
these unregistered floors have no hope of getting a pink book." Nguyen Van
Son, a lawyer in Hanoi said.
Authorities
have also been blamed for the problem. They have been unnecessarily restrictive
in granting land-use rights for these micro-sized apartment block developments.
Some
investors let buyers keep VND10-20 million (USD478-957) in return for them not
having to process the pink book application. While other landlords deposits the
red book proving property ownership with a bank, assure their buyers that it
can only be withdrawn if every household within the block agrees.
In
addition, because of the cheap price, the apartments are mostly located in
small buildings with small stairways and no management to ensure the property
is maintained.
A
homeowner said, "Currently, we don't have any rights over this property.
We even have to pay higher prices for electricity and water because there's
only one meter for the whole building."
The
rash of small-scale apartment blocks was encouraged by the Ministry of
Construction’s request to the Government Office to help boost the low-income
property market in the capital.
Land-use
right documentation
The
'red book’ indicates the right to use land and the 'pink book’ is a certificate
that indicates both land use rights and ownership of house and assets on the
land.
Buyers
of a house in an urban area or an apartment in an apartment block are provided
with a ‘pink book’.
Without
a red book, land owners cannot sell their land and nor allowed to build houses
with two or more storeys.
Having
no pink book, house owners cannot sell or lease their house legally.
They
find it hard to get access bank loans without a red or a pink book as security.
Thu
Thuy | dtinews.vn
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