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November 19, 2019, 5:22 pm

Heavy fine for investors to sale land without plot-division permission

(11:27:39 AM 18/11/2014)
(Tinmoitruong.vn) - According to the Decision 102/2014/ND-CP on handling investors transferring the land use rights in terms of plot division, land selling in the apartment building projects. Accordingly, the violated investors shall be strictly fined.

Heavy fine for investors to sale land without plot-division permission

Photo: IE

 

Specifically, with investors transferring the land use rights in terms of plot division, land selling in the apartment building projects to sell or sell and then to rent without the permission issued by the Provincial People’s Committee, the fine level as below:

Fine of 20 to 50 million dong for projects with its area of less than 01ha; Fine up to 100 million dong with projects with its area of from 01 to less than 03ha; Fine up to 150 million dong with projects with its area of from 03 to less than 05ha; and fine up to 200 million dong with projects with its area more than 05ha.

In addition, the violated investors have to implement remedial measures and be confiscated their profits created from the violation activities.


Le Bang
KHÔNG XẢ RÁC BỪA BÃI

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