Perhaps this is the most frequently asked question that Novaland customers ask every time when they buy an apartment in District 4: “What are the procedures for purchasing Novaland apartments? What are the paperworks needed when purchasing Novaland apartment without certificate? The Novaland apartment I’m about to buy and have a purchasing agreement, can I get a bank loan? Would the purchasing procedure take long? “. Many times the Realtors also ask, “My client just bought a Nova apartment, can you guide me on how to complete the paperwork, please”.
So in this article, I will provide detailed and easy-to-understand instructions about Novaland Apartment Purchasing Procedure in particular and apartments under purchasing agreement in general.
As usual, before making a deposit to purchase an apartment, the customer went to view and agreed on the selling price with the home owner, payment method and scheduled a notarization date.
The steps are as follows:
1)Then the seller (home owner) or the realtor will go directly to the project management office to ask for a “certification document” of the amount of payment for management fees, electricity, water, etc. of the apartment.
– This document is usually available within the same day or within 1 to 2 working days, and will be stamped by the management board.
2)After receiving the confirmation document of payment fees stamped by the management board, the seller will prepare additional documents to submit directly to the Investor’s Office, such as:
+ “Certification of payment” stamped by the building management board (mentioned above)
+ 02 copies of Transfer Confirmation (according to the form sent by the Investor) signed by The seller
+ Documents of the seller with 01 certified copy of: Citizen identification, Household Book, Marital Status
+ Documents of the buyer with 01 copy of: Citizen identification, Household Book
3)After submitting the application to the Investor, in about 7 days, the Investor will send back a 3-party confirmation letter, a confirmation of how much money the seller has paid, how much money is left, and a transfer confirmation document. After having these documents, along with all original papers related to the apartment (purchase agreement, apartment handover minutes, appendices, invoices…) and the original personal documents of The seller, The buyer (Citizen identification, Household Book and Marital Status of the seller), they will go to the notary
office to conduct the purchase transfer procedures.
+ At this step, remember to make a certified copy and duplicate all documents to prepare for tax payments.
3)And then bring the profile to pay taxes (PIT 2%). From the beginning of 2023, when paying taxes in District 4, it is necessary to have the signatures of both The buyer and The seller “Commitment to the tax declaration price of purchasing apartment” is the correctly market price.
4)Take the “announcement of payment” sheet and go to the bank to pay taxes, then the bank will send you a receipt for payment. Bring this document and send to District tax department.
5)I often go to VietinBank at No. 199 Khanh Hoi St. District 4.
6)Finally, the District Tax Department will send a tax receipt with a stamp to submit to the Investor.
7)In around 10 working days, the Investor will announce that it have successfully completed the transfer to the new owner.
Now, these are all the information that I have compiled, if you still have any question please leave a comment or call our Hotline 0909.614.569 to meet Ms.Mai for support.
