PLC Commercial Real Estate Multi-Jurisdictional Guide 2015/16

September 2, 2015

PLC Commercial Real Estate Multi-Jurisdictional Guide 2015/16 – Vietnam Chapter

Practical Law Company

The 2015/16 edition of Practical Law Company’s Commercial Real Estate guide provides overviews of commercial real estate laws and regulations in 22 jurisdictions worldwide. Vinh Quoc Nguyen, a senior attorney-at-law in Tilleke & Gibbins’ corporate and commercial group in Ho Chi Minh City, authored the Vietnam chapter of the guide. The Vietnam chapter delves into the following main topics:

The Corporate Real Estate Market: Trends over the last 12 months and most significant deals.
Real Estate Investment: Structures typically used for investment, main sources of finance, types of investors, government schemes to promote overseas investment into Vietnam, and restrictions on foreign ownership or occupation.
Title to Real Estate: Determining title to real estate, relevant authorities, electronic access and conveyancing, main information and documents registered in a title’s public register, disclosure of confidential information, state guarantees to title, government liability for errors in title registration, insurance, and tenure.
Sale of Real Estate: Preliminary agreements, corporate real estate sale contract, main real estate provisions in share purchase agreements, due diligence, sellers’ warranties, liability, environmental compliance, and completion arrangements.
Real Estate Tax: Stamp duty/transfer tax, mitigating tax liability on acquisitions of large real estate portfolios, value added tax, and municipal taxes.
Climate Change: Reducing greenhouse gases and energy efficiency requirements.
Finance: Secured lending and real estate financing techniques.
Leases: Negotiation of contractual lease provisions, executing a lease, rent payments, length of term and security of occupation, disposal, repair and insurance, and landlord’s remedies and termination.
Planning and Development Controls: Compulsory purchase of business premises by local or state authorities, relevant authorities, and planning consent.

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September 2, 2015