Due Diligence of Real Estate Transactions: A Necessity in Purchasing Real Estate. 5 Reasons
In the ever-evolving landscape of real estate law, Vietnam has recently passed significant amendments that reshape the framework for real estate transactions within the country. These changes not only expand the opportunities for investors and property buyers but also introduce new regulations and conditions that demand rigorous compliance. This development underscores the critical importance of undertaking due diligence of real estate transactions, a process that involves thorough investigation and verification of all aspects of a property deal before finalization. This article delves into the key highlights of the amended Vietnam real estate law and explores why due diligence of real estate transactions is indispensable for navigating this complex legal terrain. Understanding the Amended Vietnam Real Estate Law The recently amended Vietnam real estate law effective from 2025 introduces several pivotal changes and additions that impact various facets of real estate transactions....