On October 27, the Ho Chi Minh City Department of Construction said that it has issued a plan to check the compliance with the law of real estate trading floors in the area.
This inspection aims to strengthen inspection and perform the State management function over the operation of real estate trading floors in the area; propagandize and guide real estate trading floors to strictly observe the legal provisions on real estate business.
Assess the operation situation, difficulties and problems for coordination in handling and settlement in accordance with law, or propose competent agencies to handle and settle according to the provisions of law; detect, rectify and strictly handle violations in accordance with law.
Exchanges will be inspected on the conditions for establishing real estate trading floors under Article 69 of the Law on Real Estate Business. The disclosure of information, the content of publicizing information about real estate put into business according to Article 6 of the Law on Real Estate Business.
Check the contents of activities on real estate purchase, sale, transfer, lease, sublease, and lease purchase transactions; organize the sale, transfer, lease, sublease, lease purchase of real estate; introduce, list, and publicly provide information about real estate to parties wishing to transact; check real estate documents to ensure eligibility for transactions; acting as an intermediary for parties to exchange, negotiate and sign real estate purchase, transfer, lease, sublease, and lease purchase contracts.
Checking the obligations of the real estate trading floor service enterprise such as the conditions of real estate put on the real estate trading floor for transaction; physical, technical and operating conditions of the real estate trading floor; report mode…
An inspection team will be established by Mr. Tran Hung Anh – Deputy Chief Inspector of the Department of Construction – Team leader will direct, implement the plan and run the general operation; Mr. Ly Tieu Lam – Inspector, Deputy Team of the Specialized Inspection Team under the Inspectorate of the Department of Construction – Deputy Team, directly manages and administers the inspection work directly at the real estate trading floor Mr. Nguyen Anh Tuan – Inspector, Inspector of Department of Construction – Deputy Team in charge of drafting forms for inspection.
Detailed list of 61 real estate trading floors inspected.
Source: CafeBiz
Source: Vietnam Insider