📢 On 1 July 2026, the Ministry of Justice of Vietnam issued Official Letter No. 4908/BTP-BTTP as per attachment, providing guidance to the Ho Chi Minh City Department of Justice on deposit agreements, powers of attorney, and leases involving mortgaged assets.

📌 Key Highlights
🏠 1. Deposit Agreements
The Civil Code 2015 does not prohibit deposit agreements relating to mortgaged property. However, validity depends on the transaction terms and protection of the mortgagee’s rights.

📝 2. Power of Attorney
A mortgage does not automatically prevent notarization of a POA. Each case should be assessed under the Law on Notarization 2024 and relevant laws.

🏢 3. Leasing Mortgaged Property
A mortgagor may lease mortgaged property, provided the tenant and mortgagee are properly notified. Prior mortgagee consent is generally not required, unless agreed otherwise or required by law.

⚖️ THE LAM LAW – Your legal need, Our Mission’s Perspective
This guidance improves legal certainty, but parties should still carefully review:
🔹 the mortgage agreement
🔹 disposal restrictions
🔹 release conditions
🔹 security registration status
🔹 enforcement risks

💬 “By failing to prepare, you are preparing to fail.”
Legal due diligence before signing remains essential to prevent future disputes.

📩 Need support with real estate transactions, contracts, or mortgage-related risks?
Contact our Lawyers & Associates of THE LAM LAW LLC via email: info@thelamlawllc.com – Tel: +84 28710 58 222 Hotline: +84 973 097 777