<>
Ho Chi Minh City residents can now handle land mortgages and property security measures across administrative boundaries, according to a decision issued by the Ho Chi Minh City People’s Committee. Under Decision 5028, which takes effect immediately upon signing, citizens can file paperwork at any branch of the city’s land registration office regardless of where the real estate sits.
The regulatory shift eliminates the previous requirement forcing property owners to visit the specific local land registration office tied to their asset’s physical location. For example, property owners in Binh Chanh District no longer have to visit that specific sector’s office to register mortgages, according to the municipal framework. The Ho Chi Minh City People’s Committee published Decision 5028 to approve both internal and electronic processing workflows for administrative procedures independent of geographic borders within the security registration sector.
Five Administrative Procedures Covered Under Decision 5028
According to the Ho Chi Minh City People’s Committee, five property procedures are now implemented under the cross-boundary framework. Citizens can execute these transactions at the central land registration office of Ho Chi Minh City or any of its branches:
- Registering security measures involving land use rights and attached assets.
- Recording modifications to security measures for land use rights and associated property.
- Canceling security registrations that encumber land use rights and attached assets.
- Registering, modifying, and canceling notices regarding the management of guaranteed assets, including land use rights and related property.
- Transferring mortgage registrations originating from residential housing purchase contracts or other property purchase contracts tied to land.
The new rules officially repeal the internal procedures previously approved for these specific administrative tasks, streamlining operations across all district-level offices.
Municipal Agencies Tasked With Implementation
To execute the cross-boundary system, the Ho Chi Minh City People’s Committee assigned specific responsibilities to local municipal departments. The Department of Agriculture and Environment must monitor the rollout and advise officials on necessary procedural adjustments whenever administrative regulations change, according to the municipal directive.
Meanwhile, the Ho Chi Minh City Digital Transformation Center is tasked with configuring the approved workflows directly onto the city’s electronic information system for administrative procedure resolution. The decision instructs all receiving agencies and operating units to strictly follow the authorized processes. Officials are prohibited from demanding extra paperwork or imposing procedures outside of statutory legal requirements.
Frequently Asked Questions
Where can property owners submit mortgage documents now?
According to Decision 5028, citizens can submit mortgage and security registration documents at the land registration office of Ho Chi Minh City or any of its localized branches, regardless of the property’s physical location.
What specific procedures are included in the cross-boundary framework?
The policy covers five procedures: registering security measures, recording modifications, canceling security registrations, managing notices for guaranteed assets, and transferring mortgage registrations derived from housing or property purchase contracts.
Do local offices have the authority to request extra documents?
No. City authorities mandate that all agencies must adhere strictly to the approved electronic and internal workflows without imposing unauthorized procedures or extra paperwork.
Keep reading