On 21 May 2008, the Ministry of Construction issued Circular No. 13/2008/TT-BXD (the "Circular"), guiding the implementation of the contents of Decree No. 153/2007/ND-CP (the "Decree 153") dated 15 October 2007. The Circular provides details on the implementation of the Law on Real Estate and becomes valid 15 days after publication in the Official Gazette.

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