To prevent and ensure legal safety for civil, economic and commercial transactions, people often turn to notary public offices to notarize the contracts and transactions they participate in. However, does the contract need to be notarized? Let's find out the following:
To prevent and ensure legal safety for civil, economic and commercial transactions, people often turn to notary public offices to notarize the contracts and transactions they participate in. However, does the contract need to be notarized? Let's find out the following:
1. A form of transaction is one of the valid conditions of a civil transaction
Clause 2, Article 117 of the Civil Code: The form of civil transactions is a valid condition of civil transactions in cases where the law provides for
Not all contracts and transactions must be notarized, except in certain cases; contracts and transactions must be notarized to be legally valid.
2. The documents need notarization to have legal validity
Common documents and contracts that must be notarized for legal validity:
- Pursuant to Clause 1 Article 122 of the Law on Housing 2014, the following Contracts on housing are required to be notarized:
+ Housing purchase contract
+ House donation contract
+ Contribution of capital by housing
+ Housing mortgage contract
- Pursuant to Clause 3 Article 167 of the 2013 Land Law, the following contracts and transactions on land use rights are required to be notarized:
+ Land use right transfer contract
+ Contracts for land use rights
+ Contract of mortgage of land use right
+ Contracts of capital contribution with land use rights
+ Land lease contract
+ Contract of sublease of land use right
- Other documents:
+ The will of a person who is physically or illiterate
+ The will is made in a foreign language
+ Inheritance document on land use right
+ Document on selecting guardian
3. Agencies competent to notarize contracts and transactions
According to Article 42 of the Law on Notary 2014, notaries of notarization organizations can notarize contracts or transactions on real estate within the provinces or centrally run cities where they perform the notarization practice. headquartered, except in the case of notarization, the written document refusing to accept the estate being real estate and the power of attorney relating to the exercise of rights to real estate.
If you have any questions, please contact Dai Viet Notary Office (now Tran Hang Notary Office) / Dai Viet Law Co., Ltd for specific answers.
DAI VIET LAW CO., LTD-
TRAN HUNG NOTARY OFFICE
Address: No. 28 Lieu Giai Street - Ba Dinh - Hanoi
Tel: (04) 37478888 Fax: (04) 37473966
Hot-line: 0933.668.166
Email: info@luatdaiviet.vn
Website: www.luatdaiviet.vn
To prevent and ensure legal safety for civil, economic and commercial transactions, people often turn to notary public offices to notarize the contracts and transactions they participate in. However, does the contract need to be notarized? Let's find out the following:
1. A form of transaction is one of the valid conditions of a civil transaction
Clause 2, Article 117 of the Civil Code: The form of civil transactions is a valid condition of civil transactions in cases where the law provides for
Not all contracts and transactions must be notarized, except in certain cases; contracts and transactions must be notarized to be legally valid.
2. The documents need notarization to have legal validity
Common documents and contracts that must be notarized for legal validity:
- Pursuant to Clause 1 Article 122 of the Law on Housing 2014, the following Contracts on housing are required to be notarized:
+ Housing purchase contract
+ House donation contract
+ Contribution of capital by housing
+ Housing mortgage contract
- Pursuant to Clause 3 Article 167 of the 2013 Land Law, the following contracts and transactions on land use rights are required to be notarized:
+ Land use right transfer contract
+ Contracts for land use rights
+ Contract of mortgage of land use right
+ Contracts of capital contribution with land use rights
+ Land lease contract
+ Contract of sublease of land use right
- Other documents:
+ The will of a person who is physically or illiterate
+ The will is made in a foreign language
+ Inheritance document on land use right
+ Document on selecting guardian
3. Agencies competent to notarize contracts and transactions
According to Article 42 of the Law on Notary 2014, notaries of notarization organizations can notarize contracts or transactions on real estate within the provinces or centrally run cities where they perform the notarization practice. headquartered, except in the case of notarization, the written document refusing to accept the estate being real estate and the power of attorney relating to the exercise of rights to real estate.
If you have any questions, please contact Dai Viet Notary Office (now Tran Hang Notary Office) / Dai Viet Law Co., Ltd for specific answers.
DAI VIET LAW CO., LTD-
TRAN HUNG NOTARY OFFICE
Address: No. 28 Lieu Giai Street - Ba Dinh - Hanoi
Tel: (04) 37478888 Fax: (04) 37473966
Hot-line: 0933.668.166
Email: info@luatdaiviet.vn
Website: www.luatdaiviet.vn
