Agreement on compensation and support for land and housing
Agreement on compensation and support for land area to implement investment projects, upgrade and expand roads between the company and land users and house owners.
SOCIALIST REPUBLIC OF VIETNAM
Independence - Freedom - Happiness
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AGREEMENT ON COMPENSATION AND SUPPORT
Today, on the …. day of the …. month, year 2024, at ........….. We include:
Mr. :
Born in :
Citizen identification number: ………. issued on ………. at ………..
Residence: ……….……….……….………..
With wife Mrs. :
Born in :
Citizen identification number: ………. issued on ………. at ………..
Residence: ……….……….……….………..
COMPANY ………….
Head office: ……………….
Certificate of business registration of LLC …., business code: …. issued by the Business Registration Office - Department of Planning and Investment ..........; first registration date ….; registration for change for the …. time on ….
Representative of Mr./Ms.: ….
Citizen identification number: ………. issued on ………. at ………..
Position: ….
According to the Power of Attorney …. and Minutes of meeting ….. (if any)
Based on Decision …… No. …./QD-UBND dated …… of the People's Committee of ...........
Now, by this document, we voluntarily agree to compensate and support as follows:
ARTICLE 1
CONTENT OF AGREEMENT
- Mr. …. and his wife, Ms. …. are the users of land plot number: ……; map sheet number: ……; land area: …… m2; purpose of use: ……; Term of use: ……; land plot address: …… according to the Certificate of land use rights, house ownership rights and other assets attached to land No. …… (number recorded in the certificate issuance book: ……) issued by …… on …….
- Currently, …. Company Limited is implementing the investment, upgrading, expansion project ............. and has an area of …… m2 invested, upgraded, expanded on land plot No. …... according to the main cadastral extract with measurement and correction No. ….. – 20…, VN2000 coordinate system, sheet No. …. established by the Branch of the Land Registration Office ........... on ……/…./20…. under the Certificate of land use rights, house ownership rights and other assets attached to land No. …… (number recorded in the certificate issuance book: ……) issued by …… on ……. mentioned above.
- Now, Mr. …. and his wife Mrs. …. and …. Company Limited. agree and determine the value of the area of .... m2 of the investment, upgrading, and expansion project .......... as mentioned above as ........ VND (in words: .......... VND);
- Company Limited …. is obliged to pay Mr. …. and his wife Ms. …. the amount of .......... VND (in words: .......... VND), and at the same time Mr. …. and his wife Ms. …. are obliged to contact the competent authority according to the provisions of law to register the reduction of the land use right area with an area of …… m2 according to the main cadastral extract with adjusted measurements No. ….. – 20…, VN2000 coordinate system, sheet No. …. established by the Branch of the Land Registration Office ........... on ……/…./20…. under the Certificate of land use rights, house ownership rights and other assets attached to land No. …… (number recorded in the certificate issuance book: ……) issued by …… on ……. above.
- The payment of the amount of ........ VND (in words: .......... VND) mentioned above shall be made by the two parties themselves and they shall be responsible before the law.
ARTICLE 2
RESPONSIBILITY FOR PAYING TAXES, FEES, AND CHARGES
Taxes, fees, charges, and service prices as required related to the notarization of this document shall be paid by …….
ARTICLE 3
METHOD OF DISPUTE RESOLUTION
In the process of implementing the Document, if a dispute arises, the parties shall negotiate on the principle of respecting each other's interests; in case of failure to negotiate, either party shall have the right to file a lawsuit to request a competent court to resolve it in accordance with the provisions of law.
ARTICLE 4
FINAL PROVISIONS
1. The conclusion of this Document is completely voluntary, without being deceived or forced;
2. Correctly and fully perform all agreements stated in this Document;
3. We have clearly understood our rights, obligations, legitimate interests and the legal consequences of this compensation and support agreement;
4. The validity of the Compensation and Support Agreement is calculated from the date this Document is signed and notarized by us;
3. We have read this Compensation and Support Agreement, understood and agreed to all the terms stated in the Document and signed, fingerprinted and sealed this Compensation and Support Agreement.
Agreeing parties
(Signature, fingerprint, fingerprint and full name)
Files
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