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PROMOTION
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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
 

6 bedroom, 6 bath
Rent: US$ 3,000
Ref: VR260808-001
 
Flat For Rent Urgent!
Flat Size: 16m x 18m
Rent: US$ 2,500(Negotiate)
Ref: FFR-001
 
7 bedroom, 7 bath
Rent: US$ 5,000
Ref: VR260808-002
 
Flat Third Floor
6 bedroom, 3 bath
Rent: US$ 2,200
Ref: Fl-010908-002
 
6 bedroom, 6 bath
Rent: US$ 7,500
Ref: VS260808-003
 

6 bedroom, 6 bath
Rent: US$ 3000
Sale: US$ 1,500,000
Ref: VS260808-004
 

Villa For Rent
10 Rooms
Land Size: 20m x 30m
Renting Price: US$3,000(Negotiate) Ref: VS260808-006
 
Building For Rent
Building Size: 2,000m2
Sale: US$ 7,000(Negotiate)
Ref: BDR-004
 
2 bedroom
Rent: US$ 1,200 /month
1 bedroom
Rent:US$ 700 /month
Ref: APR260808-003
 
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
 

 
 
 
 Immovable Property
Immovable property may be put up as surety by its owners to secure the payment of a debt by way of mortgage, antichrèse or gage.

• Mortgage
• Antichrese
• Gage
Mortgage :
  A mortgage is a surety in rem which, without dispossessing the owner of such immovable property allows the creditor to claim the sale of such immovable in court on the due date of the debt, irrespective of in whose hands such immovable property passes, so that himself and the other creditors having such privilege and preference to be paid from the purchase price.

Only immovable property registered with the land Registry may be the subject of a mortgage.

The creditor cannot become the owner of the mortgaged property itself by way of payment.

A contract of mortgage must be in authentic formula entered into before the competent authority or a dully authorize lawyer. The competent authorities to draft mortgage contracts and the registration formalities shall be determined by sub- decree.

The mortgage contracts must clearly specify the state of the property, its nature, the easements or charges determined by any relevant regulations and its value.

Several successive mortgages may be created on the same property. Each creditor shall exercise his rights in the order of priority of his mortgage registration.

If the owner of the mortgaged property fails to pay his debt upon the due date, a creditor may seek the sale of the property irrespective of the order of priority of his mortgage. The various creditor mortgagees shall then be reimbursed at the same time according to the priority of their mortgage.

Property that is the subject of antichese may not be mortgaged.
Antichrese:
  Antichrese is a contract pursuant to which the debtor delivers an immovable property to his creditor as a guarantee for the payment of his debt. The creditor has the right to cause the sale of the property to be reimbursed by privilege and in preference to other creditors who are not as secured as he is.

If the contract of antichrese so authorizes, the creditor may use the charged property in lieu of the payment of the debt, either in payment of interest only or in payment of principle and interest.

A contract of antichrese shall be made in writing in authentic form before the competent authority and then be registered with a cadastral administrative body.

Antichrese shall be considered valid and no third party may claim against it after the antichrese contract has been made according to the formalities stated in article 207of this law.

Any failure to register an antichrese contract with a cadastral administrative body will cause the creditor to lose his secured collateral rights and the creditor only has the right to bring an action for reimbursement under the law in force.

The property subject to an antichrese contract shall be delivered to the debtor as soon as the debtor pays the debt in full.

If no date of reimbursement is stipulated in the antichrese contract and if, within a period of ten years from the date of creation of an antichrese contract, the creditor fails to commence a legal action to claim the amount of his debt, he shall lose the guarantee of antichrese.

If a date of reimbursement is stipulated in the contract and if, within a period of ten years from such stipulated date, the creditor fails to commence a legal action to claim the amount of his debt, he shall lose his guarantee of antichrese.

The lose of the guarantee of antichrese obliges the creditor to return the property to the debtor together with any titles handed over by way of guarantee but the debtor is not discharged of his debt [and] the creditor has the right to bring an action for reimbursement under the general law.

The inscription of the antichrese shall be stricken from the Land Register upon the demand of the debtor or by itself.

Whatever the case, the creditor cannot become the owner of the property. Any clause contrary to thid provision shall be considered null and void.

An antichrese contract confers on the creditor the right to cause the forced sale of the immovable property by court decision to be paid in priority by privilege and in preference to any other creditor.

If during the term of an antichrese contract, the creditor who is the beneficiary of the antichrese purchases the secured property, the purchase contract shall be registered with the cadastral administrative body, [and] failing to do so, it shall be considered null and void.

The creditor who occupies the property guaranteeing an antichrese has the right to enjoy such property as a usufructuary and has the obligation to maintain and conserve the property as it if were his. If the property is damaged by his act or his fault, he has to pay an amount corresponding to the damage less the amount of the debt.

At the end of the an antichrese contract, either due to the full payment of the debt by the debtor or estoppel as it is stipulated in the article 209 of this law, the creditor must restore the property or its value, if such property is property is destroyed through his act or fault, to the debtor.

At the end of the contract of antichrese, if the debtor proposes to redeem the property and the creditor refuses to deliver that property back to debtor, the creditor owes the fruits and revenues derived from the property encumbered by the antichrese from the date the debtor asked for the return of the property.

If the property consists of land and the payment due date was not specified in the contract of antichrese, the creditor shall continue to have the right to benefit from the fruits or revenues generated from his labor and his capital from the time the debtor requests to redeem his property.

However, if the property is a house and the payment due time was not specified in the contract of antiichrese, the creditor shall deliver that property back to the debtor when the debt is completely paid off.

Interest ceases to be due and payable from the date the debtor offers to reply his debt before the termination of the contract. The repayment shall indicate the amount and shall be recorded in a document signed by the Commune or Sangkat Chief with the signatures of the creditor, the debtor and two witnesses.

The payment of any duties, taxes or levies shall be the responsibility of the debtor, unless otherwise agreed between the debtor and the creditor.

Once the debts are completely paid off by the debtor, the creditor may not retain the property subject to the antichrese on the ground that the debtor is liable under another debt, although such other debt is due and payable, unless a new contract of antichrese relating to the same property is drawn up according to the form determined by law.

The debtor can exercise the above- mentioned rights against the successors or assignees of the creditor.
Gage:
  Gage is a contract concluded in order to guarantee the payment of a debt, pursuant to which the debtor remits to his or her creditor not the property itself but the ownership title of the property that was recorded in the Cadastral Register.

The contract of gage must be made in writing in an authentic form and it must be recorded in the Cadastral Register.

In no case may the creditor become the owner of the property subject to a contract of gage. Any clause that is contrary to this provision shall be null and void.

The contract of gage only authorizes the creditor to have the right to claim for a foreclosure of the immovable property in court in order to be paid in priority by preference and privilege prior to other creditors.

When the debtor discharges the debt, on the due or prior to the due date, the creditor shall return the ownership title to the debtor by a release of an inscription about this encumbrance in the Cadastral Register.

The debtor retains the management and use of this property but is prohibited from any conduct that may decrease its value.

The successors and assigns of the debtor and the creditor shall have the same rights and obligations as the debtor or creditor in whose positions they stand.

The successors or assigns of the debtor as well as the members of the family, who may declare themselves as the co-owners of the property secured by a gage, shall have the same rights and obligations as the debtor.

Ownership of immovable property shall b e guaranteed by the State. For that purpose, the Cadastral Administration under the supervision of the Ministry of Land Management, Urban Planning and Construction shall have the competence to identify properties, establish cadastral index map, issue ownership titles, register lands and inform all persons as to the status of a parcel of land in relation with its nature, size, owner and relevant encumbrances over such parcel.

A land parcel or cadastral unit is a specified land area that is situated within a single commune or sangkat, that is not divided by a joint, indivisible boundary, [that] belongs to one person or several persons having an undivided ownership, and that is used in a single manner.

A boundary is considered as joint and indivisible if it cause a division of the land into many plots, such as fences, public roads, canals and water routes that are at least two meters wide.

The organization and functioning of the Cadastral Administration shall be determined by sub- decree in accordance with the provisions of this law.

The Cadastral Administration has the following tasks:

- To carry out systematic land registration to the provisions of a sub- decree on the procedure of establishing cadastral index map and Land Register;
- To reinforce the sporadic registration system according to the procedures to be determined by sub- decree;
- To do the necessary cadastral plotting for all parcels including the establishment of their boundaries, the division of parcels, the unification of parcel boundaries, and in general any change in their sizes whether caused by natural or voluntary acts;
- To produce a Land Register and to register the names of the owners and all collected data relating to the physical features area, and identify of the immovable properties;
- To update any modifications/ transformation concerning a right arising out of a transfer contract such as sale, gift, exchange or transfers through succession or related to change in nature or status of land such as a construction, filling in or digging up of land, etc;
- To maintain all cadastral documents including cadastral index maps, lists of owner’s names, the Land Register and all legal documents relating to each land parcel;
- To issue to owners certificates acknowledging them as owners of an immovable property and other certificates relating to land parcels;
- To compulsorily issue the photocopied plan and information related to the location, identification, land boundaries, and rights related to such parcel to the application at [the application’s ] request;
- To register all mortgages, antichrese, gage, long- term lease, or easements encumbering on immovable property and to provide information to any person who seeks information from the Land Register with regard to the situation of ownership that is the subject of such mortgage, antichrese, gage, long- term lease or easement.

The rate of fees that relate to the carrying out of the task that are stated above shall be determined by a joint Parka of the Ministry of Economy and Finance.

The Central Cadastral Administration shall be the General Department of Cadastre and Geography that is responsible for the preparation, coordination and supervision of operations concerning cadastral measurements of immovable property within the Kingdom of Cambodia, and operations concerning the drawing up of cadastral index maps, to produce a list of owner’s names and a Land Register, and to issue certificates acknowledging the owner of an immovable property or possession titles to immovable properties. In addition, the General Department of Cadastral and Geography must further determine the methods and standards relating to the documents.

The provincial/ municipal and srok/ khan Cadastral Offices shall implement all instructions issue by the Central Cadastral Administration. The provincial/ municipal and srok/ khan Cadastral Offices are responsible for conducting surveys in coordination with other local authorities, maintaining the Land Register, updating the Register on a regular basis under the supervision of the Central Cadastral Administration, maintaining documents and providing information to any person who requests information.

The srok/ khan Cadastral Offices shall send copies of the cadastral documents to the concerned khum/sangkat. The commune chief or sangkat chief shall allow anyone to consult the copies and must notify the relevant srok/ khan office of any change in the situation of ownership and of owners that accurred in their communes or sangkats.

Cadastral surveys must be made according to techniques and methods specified by sub-decree.

Where necessary, the Cadastral Administration can request the civil, military or police authority to assist it the conduct of the field cadastral surveys. There is no competence outside the Cadastral Administration that has the right to determine the owner of parcels, the nature of land, or measurement of land.

Any private individuals and in particular owners and concerned person have the obligation to join and co- operation for the carrying out of the cadastral surveys. They must facilitate the physical operations relating to cadastral surveys, identify owners and give notice of any changes that have occurred concerning their own parcels, the situation of the premises and any transfers of ownership.

In the case of any dispute occurring at the time of the operations of the cadastral survey, concerning the measurements of a parcel or the name of its owner, the cadastral officer in charge shall invite the interested parties to conciliate themselves. For disputes occurring in an area that is being surveyed according to systematic registration system, an administration system, an administrative commission has the duty to conciliate the dispute. If such agreement is impossible, the officer in charge shall continue the cadastral survey and make a record of the dispute, but he shall refrain from deciding the dispute.

When a dispute occurs at the time of the delivery of the title, the Cadastral Administration shall take into account only the name of the owner papering on its registers. In no case shall the Cadastral Administration amend or deliver title to any other person.
 
 
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Promotion
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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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