China
Sale and purchase agreement
The contract between buyer and seller that sets the price, how it is paid and when the home is handed over.
How it works in Vietnam
In Vietnam a sale between individuals must be notarised before the title is transferred. When you buy from a developer, you sign the contract with the company directly.
The contract price is what the calculator uses for the notary fee, the registration fee and the personal income tax on transfer.
Related terms
- Notary fee
The fee a notary office charges to certify the home sale contract, set in tiers by the contract value.
- Registration fee
A one-off charge the buyer pays to the state when the home is registered in their name, set as a percentage of the home's value.
- Personal income tax on transfer
A tax the seller pays when an individual sells a home, charged as a percentage of the sale price.
Learn more
- Buying property in Vietnam as a foreigner: what the law says
Which homes a foreign individual may buy in Vietnam, where, how many, and for how long, under the Housing Law 2023.