LEGAL DOCUMENTS NEEDED TO PROVIDE WHEN ASSESSMENT OF INVESTMENT PROJECTS

1. Legal grounds for conducting valuation

- The application for appraisal: must state the generalization and basic elements of the real estate; purpose to be appraised
- Decisions of the Provincial Peoples Committee on: Approving the change of land use purpose; Land acquisition; Allocate land to investors for implementation of investment projects.
- Other documents showing ownership of real estate and documents of competent authorities agreeing and permitting valuation (if any).

2. Technical property specification file

- Detailed planning of 1/2000 scale of competent agencies.
- Decision of the Provincial Peoples Committee on approval of detailed construction planning of 1/500 scale of the project, - Location map of the land plot,
- Investment project report of the design consultancy unit.
- Types of documents of departments and agencies on agreement and comments on investment projects (if any).
- Types of written agreements on electricity, water, fire protection, water drainage.... of the project.- Documents proving the financial capacity of the Investor.
- The results of appraisal of the basic design of the Department of Construction,
- Decision of the Provincial Peoples Committee on approving the investors construction investment project,
- Construction permit, construction design drawing, total investment cost estimate,
- Other documents showing the legal and technical aspects related to the project (if any)

3. Legal profile and properties of property

- Business registration license of the investor (copy)
- Certificate of land use right, property ownership (for real estate that has been granted a Certificate).
- Real estate purchase, sale and lease contracts (copy).

4. In case the legal and technical documents are not clear

In the case of legal documents, technical documents are not clear, there is no basis for conducting price appraisal. Appraisal officers must immediately notify the customer and clearly state the purposes and requirements in the price appraisal.
In case the customer does not provide enough necessary information, the appraisal officer must promptly report it to the companys leader. The company has the right to refuse the appraisal, unilaterally cancel the service contract with the customer in accordance with the provisions of law.
Through the above article, we can understand the necessary documents and procedures for real estate valuation, thereby helping you to advise and answer all questions of customers in the real estate industry.

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