Bangladesh - Renewal of the Vested Property(VP) Lease

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Procedure

Apply In Person

1. To Renewal of the Vested Property(VP) Lease, the applicant has to approach the Ministry of land link
2. An application form will be provided to the applicant by the concerned officer.
3. The applicant has to fill in all the necessary details in the application form. (Incomplete applications are not accepted)
4. Make sure that the applicant has attached all the necessary documents that are mentioned in the “Required Documents” section of this page.
5. The applicant has to attach photocopies of the required documents along with the application form while submitting it.
6. Submit all the documents with the completed form to the concerned officer.
7. The applicant has to pay the prescribed fee as requested by the authority.
8. After receiving the application, the concerned authority will check the submitted application and document set. If all are in place, the application will be accepted.
9. Then the application will be processed further.
10. Once the process gets completed, the applicant gets a call from the office regarding the application.
11. The concerned authority will inspect the property to ensure that it is being used for the purpose stated in the lease agreement and is being maintained properly.
12. Once the inspection and fee payment is completed, the lease agreement will be renewed for a new fixed period, and the tenant can continue to occupy the property.
13. This entire process can be completed within 15 - 30 days or as per the timeline advised by the respective department authority.

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Required Documents

• Application form
• Original lease agreement
• The validity period of the current lease agreement
• Updated rent receipt and payment of rent up to the renewal date
• Updated Tax Identification Number (TIN) Certificate
• Updated trade license
• Clearance certificate from the concerned authorities
• Updated utility bills
• Any other documents (If required)

Office Locations & Contacts

Ministry of land
Mailing Address Secretary
Ministry of Land
Building - 4, Floor - 3
Bangladesh Secretariat
Dhaka-1000
Bangladesh Fax
Admin Section: 9540883
Secretary: 9577344
Email
Honorable Minister: [email protected]
Secretary: [email protected]
Contact link

Eligibility

• Any Vested Property(VP) Lease holder who intends to Renewal of the Vested Property(VP) Lease is eligible to make this application.

Fees

• The applicant has to pay the prescribed fee as requested by the authority.

Validity

Explain the time until which the certificate/document is valid.
e.g. Birth Certificate Valid Forever

Documents to Use

Please attach documents that can be used by people. e.g. links

Sample Documents

Please attach sample completed documents that would help other people.

Processing Time

• This entire process can be completed within 15 – 30 days or as per the timeline advised by the respective department authority.

Related Videos

Videos explaining the procedure or to fill the applications.
Attach videos using the following tag <&video type='website'>video ID|width|height<&/video&> from external websites.
Please remove the '&' inside the tags during implementation.
Website = allocine, blip, dailymotion, facebook, gametrailers, googlevideo, html5, metacafe, myspace, revver,
sevenload, viddler, vimeo, youku, youtube
width = 560, height = 340, Video ID = Can be obtained from the URL of webpage where the video is displayed.
e.g In the following url 'http://www.youtube.com/watch?v=Y0US7oR_t3M' Video ID is 'Y0US7oR_t3M'.

Instructions

• Applicants must complete the application form before submitting it. Incomplete applications will not be accepted.
• Applicants must provide genuine information while applying for this procedure.

Required Information

• Name
• Residential Address
• Residential No
• Mobile No
• Email Address
• Contact details
• Fax
• Email
• Nationality
• Bank details
• Land details
• Date
• Signature

Need for the Document

• In Bangladesh, Vested Property (VP) refers to property that was previously owned by non-residents or minority communities and was confiscated by the government. The lease for VP property is typically for a fixed period, and renewal of the lease is required to continue occupying the property.

Information which might help

• For more details link

Other uses of the Document/Certificate

Please explain what are other uses of obtaining this document/certificate.
e.g. Birth Certificate can be used as proof of identity.

External Links

Link

Others

More information which might help people.