Decree No.60/cp on the Right of Property on Premises and Land Use Right.

A Decree to provide for ownership, allotment, use, registration of residential land and houses by citizens of Viet Nam and leasehold by foreigners, and in relation to this the assignment of title, the issue of certificates, settlement of disputes and other matters. The State recognises and protects the lawful title to residential houses and lawful right to the use of residential land. All residential houses and land must be registered. The lawful owners are issued the certificate of residential house title and residential land use right. The State does not admit the claiming back of residential land which in the past was allotted to other users by the State as a result of implementation of policies of the present State and its predecessors. Residential houses and residential land must be registered with the People's Committee of the urban ward and provincial town. (27 articles)