Top Potential Building
on the Main Raod
Rent:US$ 9-12/m2
Ref: BDR-002
Top Potential Building
on the Main Raod
Size: 25m x 50m
Rent:US$ 7,500/month
Ref: BDR-003
Building for Sale Urgent
20 Bedrooms, 13 Bathrooms
2 Living Rooms, 5 Cars Park
Selling Price: US$ 280,000
Total floor: 5 floors
Location: 12-14B, St.271, Trapaingchouk Village,
Sangkat Teo, Khan Seinsok, PhnomPenh
Ref: BDS-002
Building for Rent
Size: 1089 sqm
4 Floor
Rent:US$ 7,500 /month
Ref: BDR-001
Flat for Sale
Land size: 9m x 18.5m
Building Size: 8.2m x 16m
11 Bedroom, 11 Bathroom,
2 cars park, Good Security
Sale Price: US$ 180,000(Negotiate)
location: Teuk Tla
Ref: FFS-001
Form of Ownership
1-Undivided Ownership:
Undivided
ownership is the ownership on one specific owned by several
persons. Those persons are called undivided owners. Each of
the undivided owners has a share of the property but this
property cannot be divided among themselves.
The shares
of undivided owners are presumed to be equal. In the case
where the division of the property is unequal, each of the
owners has rights and liabilities in proportion to his
share. He may sell or enter into any kind of contract
relating to his share and his share shall be subject to a
seizure by his creditors.
Undivided
owners jointly administer the undivided ownership, save for
any agreement to the contrary. Each of them has the capacity
to undertake day-to-day management tasks, such as
maintenance repairs and cultivating works, if the majority
of them do not decided to the contrary.
The main
significant acts shall as the change of cultivation or major
repairs can be decided by the majority of the undivided
owners, representing ownership more than one- half of the
entire property.
Each
undivided owner shall preserve and protect its common
interest. Each undivided owner enjoys the property and uses
it to the extent that such enjoyment does not infringe the
rights of the other undivided owners.
The consent
of all undivided owners is necessary for the alienation,
constitution of rights in rem or changes to the intended
purpose of the property, unless other contrary rules exist.
Management
costs, taxes and other charges on the undivided owned
property shall be, borne by all undivided owners in
proportion to their shares, except as otherwise provided.
No person
can be forced to remain in an undivided ownership. A divided
ownership. A division of property may be demanded at any
time by any of the undivided owners.
The
undivided owners may temporarily maintain a state of
undivided ownership, but such state cannot be more than five
years, unless there is a new agreement.
The undivided ownership shall cease upon distribution of
property based on its original nature or by the sale of the
property with a distribution of the sales proceeds, or by
the acquisition by one or more of undivided owners of the
share of the others.
If the undivided owners disagree with the method of division
of property, they shall file a complaint to the courts which
will order the distribution of property or if the division
causes a significant decrease in value, the court can order
a sale to a third party or to any of the other undivided
owners.
2-Co-Ownership:
Co-ownership is the ownership of immovable property
belonging to several persons divided by lots, of which each
person has one part that is a private part and another part
that is a share of common property.
The co-owners may prepare internal regulations that define,
in accordance with the provisions of this law, the methods
of management and the rules for maintenance as well as the
obligations of the co-owners, in particular for common
parts.
In the absence of the regulations, the co-ownership shall be
subject to various provisions determined by article 177 to
article 185 of this law.
The co-owners exercise full rights on their own private part
provided that they do not encroach on common parts and they
do not cause any nuisance or impede the use by the other
co-owners of the common parts. A co-owner may freely
alienate his own private part, lease it out, establish a
usufruct, establish the right of use or habitation, mortgage
it, or use it as collateral. However, he may not establish
an easement on his private part.
All parts of the building or the land reserve for the
exclusive use of a certain co-owner are private parts. The
certificate recognizing the owner of the immovable property
shall define the type and size of those parts.
All parts of buildings or lands allocated for use or for
benefit of all co-owners or certain co-owners among
themselves shall be considered as parts.
Common property includes, in particular:
- the ground, courtyards, parks gardens and access way
- Walls, main structure of the buildings, common facilities,
including water, electrical and gas pipelines which can
cross private parts.
- Flues and stacks of chimneys
- common service areas
The following accessory rights are also deemed to be common
property:
- the right to excavate existing substances under the
ground.
- the right to erect new buildings on courtyards, parks or
gardens constituting common parts,
- the right to excavate courtyards, parks or gardens,
- the right of joint ownership relating to common parts.
- the right to build on top of a building allocated for
common use or containing several premises that constitute
various private parts. In no case is the owner of the top
floor of sells such right to build.
- These provisions are in the public order.
Any co-owner who alters the common parts of a building or a
land in order to have the private use of them or for the
purposes of selling them shall be liable to restore them to
the original state. Such co-owner shall be subject to the
penalties as stated in article 257 of this law.
Any person other than the co-owners who takes possession of
a common part for himself shall be forced to return the
premises wrongfully occupied and to restore it to its
original state.
In no case may the compete authorities issue a title
recognizing the rights of such a person. If the do so, they
shall be considered as accomplices and shall also be held
jointly liable. The authorities have the mission to ensure
that such illegal occupant is evicted.
These provisions also intend to impose penalties on those
who directly and fundamentally disregard ownership and
requirements of public order and are applicable to
infringements that occurred prior to the promulgation of
law.
Common parts are the undivided joint ownership of the
co-owners. Co owners shall ensure the maintenance thereof.
The responsibility for such maintenance shall be divided in
proportion to the value of each lot.
The wall separating neighboring private parts shall be
considered a jointly- owned wall, prescribed by chapter 11
of this law.
Common parts and accessory rights in respect thereof cannot
be the subject of an action for division of property or a
forced sale independently of the private parts.
The co-owners may establish a management entity that can be
a management board or an executive committee. This
management entity shall be appointed at a general meeting
attended by all co-owners according to the proportional
value of their respective lots. The management entity, by a
majority vote, may make decisions relating to the
maintenance of the co-ownership.
The co-owners shall be bound by decisions made by the
general meeting of co-owners, especially decisions
concerning the maintenance and requirements of public order
with regard to common parts.
Any co-owner who refuses to comply with the decision of the
general meeting, and who refuses to fulfill his obligations
resulting there from, may be sued to be forced to fulfill
his obligation.
In the absence of a management entity, the management of the
co-ownership shall be carried out directly by all co-owners
who make decisions unanimously. If no agreement can be
reached among themselves, and if, as a result, there is bad
maintenance or a degradation in the co- ownership, every
co-owner, after obtaining the consent of the others, may
file to the court to nominate an administrator of the
co-ownership. The fees of such administrator shall be borne
by all co-owners.
The competent authorities may impose on co-owners any
measures to ensure the proper maintenance of their parts.
The cost of maintenance shall be at the expenses of co-owners based on the proportional costs of their part.
A co-owner who refuses to comply with his responsibilities
or does not follow the provisions for public order shall be
subject to punishment as stated in article 258 of this law.
Joint ownership is a form of common ownership that applies
to ramparts and walls dividing two adjoining ownerships.
Ramparts, within the terms of this law, refer to ditches,
fences and dikes.
3-Jointly-owned wallst:
The repair and reconstruction of a jointly- owned wall are
the responsibility of those who have rights over it, in
proportion to the rights of each owner.
A concerned joint owner can avoid contributing to such
repairs or reconstruction by abandoning his right of joint
ownership, unless the jointly owned wall supports his own
building.
A joint owner of a jointly- owned wall may not make any deep
hole into the jointly-owned wall or make any work likely to
cause damage to such jointly wall without the prior consent
of the other joint owners. In the case no agreement can be
reached, an arbitrator shall be nominated as an expert to
determine the necessary means to ensure that such new work
does not infringe the rights of the other joint owners.
Each owner may build against a jointly- owned wall and may
place thereon beams and joists on the joint wall up to 5 cm
from the other side, insofar as such work does not infringe
the rights of the other joint owners. If the joint owner of
the other side wishes to put such beams and joists in the
same place, he has the right to claim to have such beams and
joists reduced back to half the width of the wall.
Any owner of immovable property adjacent of the wall of
other owners has the right to make it in whole or in part a
jointly owned wall by reimbursing the owner of the wall half
of the value of the part that he wishes to make jointly-
owned, plus half of the value of the ground on which the
wall is constructed.
Each owner may increase the height of a jointly owned wall
at his own expense including the construction fee [and]
maintenance of the part constructed taller than the original
height. He must further pay a reasonable price for the
expenses due to the burden coming from the additional
increase of the height of the wall.
If the jointly- owned wall is not strong [enough] to support
the weight of the weight of the additional height, then the
person who wishes to increase the wall may destroy it and
reconstruct it entirely at his expense. The thickness of the
wall, which shall be thicker than the original one, shall be
constructed on his own land.
The other joint- owner who has not contributed to such
increase of the wall, if he wishes that the construction be
considered as his joint- ownership as his joint- ownership
as well, must pay half of the expenses incurred for the
additional height and half of the price of the ground
support the additional width.
4-Jointly- owned ditches, fences and dikes:
The jointly owned ramparts formed either by ditches, fences
or dikes shall be maintained by common expense. However, one
of the owners may exempt himself from such obligation by
waiving his entitlement to the joint- ownership. But, if the
ditches or dikes usually serve the flow of water, the co-
owners cannot waive their joint- ownership.
The owner of land next to a ditch, fence or dike which is
not jointly- owned cannot compel the owner of such a ditch,
fence or dike put such ditch, fence or dike under joint
ownership.
A joint owner of jointly owned hedge/ fence may destroy such
hedge/ fence up to the boundary of his own property, as long
as he construct another hedge/ fence on the boundary of his
land.
An owner of a jointly owned ditch or dike has the same
right, provided such ditch or dike only serves as a
partition.
Immovable property may be put up as surety by its owner to
secure the payment of a debt by way of mortgage, antichrese
or gage.
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AN ECONOMIC LAND CONCESSION
Rubber Tree Plantation
Teakwood Plantation
Eaglewood Plantation
Fruit Farms
Ref: GL-001
Kratie Province
Ref: GL-002 Kampot Province
Ref: GL-003
Mondolkiri Province
Ref: GL-004
Mondolkiri Province
Ref: GL-005
Mondolkiri Province
Ref: GL-006
Mondolkiri Province
Ref: GL-007
Mondolkiri Province
Ref: GL-008 Mondolkiri Province
Ref: GL-009 Kampot Province Delegation of full powers from the Royal Government
of Cambodia(48,000 Hectar)
Ref: GL-010
Kampot Province
Factory for Rent
Land size:20,000m2
Building Size: 14,000m2
Renting Price: US$1,7/m2
Ref: WFR-001
Modern Villa for Rent:
11Rooms, 2 Living Rooms
Renting Price: US$7,000
Ref: VR-005
Modern Villa for Rent:
7Rooms, 2 Living Rooms
Renting Price: US$4,000
Ref: VR-006
Flat For Rent:
Flat size: 12m x 20m x 3floors
Renting Price: $US$3,000
Ref: FFR-002
For Sale:
Land size: 50 Hectar
Selling Price: $5,500/Hectar
Ref: LRA-001
For Sale:
Land size: 50 Hectar
Selling Price: $6,000/Hectar
Ref: LRA-003
Land For Sale :
Location: 15 km from PP along 4 National Road
Industrial Zone Area Surrounding to Factory and Village.
Land size: 1 Hectar
Selling Price: ...
Ref: LPP-005
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