Glossary Source 27/2023/QH15

means housing that is in the process of construction investment or has not been accepted for putting into use in accordance with the law on construction.

means housing of which the construction has been completed and accepted for putting into use in accordance with the law on construction.

means the lessee prepays the lessor a certain percentage of the rent-to-own housing value as agreed upon but not exceeding 50% of the rent-to-own housing contract value; the remaining amount is considered as housing rent to be paid monthly to…

means the remaining area of the apartment building outside the area under private ownership of the apartment building owner and the equipment for common use of such apartment building as prescribed by this Law.

means the upgrading of quality, increase of area, or adjustment of the area structure of existing housing.

means the area within an apartment unit or a non-apartment area in an apartment building that is recognized as the private ownership of the apartment building owner, and equipment for private use within the apartment unit or non-apartment area of…

means the owner of an apartment unit or the owner of a non-apartment area in an apartment building.

means an organization or individual that has ownership rights to housing as prescribed by this Law.

means the regular preservation, maintenance, and repair of housing when damage occurs in order to maintain the quality, normal operation, and safety of the housing during its operation and use.

means the investment in new construction, reconstruction, or renovation of housing to increase the housing area.

means an organization selected to implement a housing construction investment project as prescribed by this Law.

include state agencies, units of the people’s armed forces, public non-business units, political organizations, socio-political organizations, socio-politico-professional organizations, social organizations, socio-professional organizations, economic organizations, and other organizations as prescribed by the civil law (hereinafter collectively referred to as organizations).