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Paid 95% for a social housing unit: can it be sub-leased?

Mr. Bùi Văn Nam signed to buy a social housing apartment, has paid 95% of the contract value, and is awaiting the certificate before paying the remaining 5%. He asks whether he may let someone else rent the unit. The Ministry of Construction explains that social housing is State-supported housing, and under Decree 16/2022/NĐ-CP, buyers who sell, sub-lease or resell it improperly face fines of VND 100,000,000 to 120,000,000 and recovery of the housing. Under Decree 100/2024/NĐ-CP, provincial authorities must closely manage and monitor sales, leases and lease-purchases of social housing. The ministry advises him to study and comply with the regulations.

Summary written by Upside AI from the original article. Read the source for full details.

Original headline: Đã trả 95% tiền mua nhà ở xã hội, có được cho thuê lại?

Read the original on CafeF ↗

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