Introduction In recent years, the real estate business model involving the sale of off-plan housing (housing to be formed in the future) has become a common capital-raising method for property developers in Vietnam. Homebuyers often pay a substantial portion of the contract value before construction is completed, or even before construction has commenced. While this […]
INTRODUCTION In credit-granting activities, particularly for loans financing construction projects, housing purchases, machinery and equipment acquisition, or production expansion, banks are often required to accept future-formed property as collateral. This type of property does not yet exist at the time of contract execution or has not yet come under the ownership of the borrower, but […]