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
Legal Service
CONTRACT
Contract is promises that the law will enforce. The law
provides remedies if a promise is breached or recognize the
performance of promise as duty. Contract arises when a duty
does or may come into existence, because of a promise made
by one of parties. To be legally binding as a adequate
consideration.
Adequate consideration is a benefit or detriment which a
party receives which reasonably and fairly induces them to
make a premise /contract. For Example, promises that are
purely gifts are not considered enforceable because the
personal satisfaction the grantor of the promise may receive
from the act of giving is normally not considered adequate
consideration. Certain promise that are not considered
contract may, in limited circumstances, be enforced if one
party has relied to his detriment on the assurances of other
party.
ESTATE AND GIFT TAX:
One of the oldest and most common forms of taxation is the
taxation of property held by an individual at time of their
death. Such a tax can take the form, among other, of estate
tax (a tax levied on the decedent’s entire estate,
regardless of how it is disbursed. An alternative form of
death tax is an inheritance tax (a tax levied on individuals
receiving property from the estate). Taxes imposed upon
death provide incentive to transfer assets before death.
Gift tax laws are generally designed to prevent complete tax
avoidance by this route. State Estate tax is into grated
with the state Gift tax so that large estates cannot be
shielded from taxation by lifetime giving. Generally, the
Gift tax applies to any transfer made without receiving
value in return and without regards to intent.
An Estate is the total Property, real and personal, owned by
an individual prior to distribution through a trust or will.
Real Property is real estate and personal property includes
everything else, for example cars, household items and bank
account. Estate Planning distributes the Real and Personal
Property to an individual’s heirs.
Estate Planning is the process by which an individual or
family arranges the transfer of assets in anticipation of
death. An estate plan aims to preserve the maximum amount of
wealth possible for the intended beneficiaries and
flexibility for the individual prior to death. A major
concern for drafters of estate plans is state tax law.
Wills and trusts are common ways in which individual dispose
of their Wealth, (Estates and trusts) Trusts, unlike wills,
have the benefit of avoiding probate, a lengthy and costly
legal process that oversees the transfer of assets.
Sometimes, though it will be useful to make intervolves
gifts (gifts made while the donor is alive) in order to
minimize taxes. The states Gift tax example certain levels
of lifetime gifts.
ESTATES AND TRUST :
During the early 1500’s England landowners found it
advantageous to convey the legal title of their land to
third parties while retaining the benefits of ownership.
Because they were not the real “owners” of the land, and
wealth was primarily measured by the amount of land owned,
they were immune from creditors and may have absolved
themselves of some feudal obligations. While feudal concerns
no longer exist and wealth is held in many forms other than
land (i.e., stocks, bond, bank accounts), the idea of
placing property in third party hands for the benefit of
another. This is the idea of a trust which has survived and
prospered.
Generally a trust is a right in property (real or personal)
which is hold in a fiduciary relationship by one party for
the benefit of another. The Trustee is the one who bolds
title to the trust property, and the beneficiary is the
person who receives the benefits of the trust.
Many trusts are created as an alternative to or in
conjunction with will and other elements of estate planning.
State law establishes the framework for determining the
validity and limits for both. Since many individual neither
set up trust nor execute wills, state intestate succession
laws are an important complement to trust and Estate law.
They determine where an individual’s assets go up on death
in the absence of a will.
LANDLORD- TENANT:
Landlord-tenant law governs the rental of commercial and
residential property. The basic of the legal relationship
between a landlord and tenant is grounded in both contract
and property law. The Tenant has a property interest in the
land (historical a non-freehold estate) for a given period
of time. Real Property the length of the tenancy may be for
a given period of time, (e.g., renewable / Cancelable on a
month to month basic), terminable at any time by either
party (at will), or at sufferance if the agreement has been
terminated and the tenant refuse to leave (holds over). If
the tenancy is tenancy for years or periodic the tenant has
the right to possess the land, to restrict other (including
the landlord) from entering upon it, and to sublease or
assign the property. The landlord-tenant agreement may
eliminate or limit these rights.
The landlord-tenant agreement is normally embodied in a
lease. The lease, though not historically or strictly a
contract, may be subject to concepts embodied in contract
law.
Basic to all leases is the implied covenant of quiet
enjoyment. This covenant ensure the tenant that his
possession will not be disturbed by someone with a superior
legal title to the land including the landlord A breach of
the covenant of quiet enjoyment may be actual or
constructive. A constructive eviction occurs when the
landlord causes the premises to become uninhabitable.
A breach of the warranty of habitability or a covenant
within the lease may constitute constructive eviction, allow
the tenant to withhold rent, repair the problem and deduct
the cost from the rent, or recover damages. Unless the lease
states otherwise is an assumption that the tenant have a
duties to pay a rent, In commercial leases rent is commonly
calculated in part or whole as a percentage of tenant sales.
Rent acceleration clauses that cause all the rent to become
due if the breaches a provision of the lease are common in
both residential and commercial leases. Summary eviction
statues commonly allow allowing a landlord to quickly evict
a tenant who breaches statutorily specified lease provision.
Self help as a method of eviction is generally restricted,
landlords are also restricted from evicting tenants in
relation of action the tenant took in regards to enforcing a
provision of the lease or applicable law.
NEGOTIABLE INSTRUMENTS LAWS :
Negotiable instruments are mainly governed by state
statutory laws. Draft and notes are the two categories of
instruments. A draft is an instrument that orders a payment
to be made. An example is a check. A note is an instrument
that promises that a payment will be made. Certificates of
Deposit (CD’s) are notes. Draft and Notes are commonly used
in business transactions to finance the movement of goods
and to secure and distribute loans.
The rule of derivative title, which is applicable in most
area of the law, does not allow a property owner to transfer
rights in a piece of property grater than his own. If an
instrument is negotiable this rule is suspended. A good
faith purchaser, who does not have any knowledge of a defect
in the title or claims against it, take title to the
instrument free of any defect or claims.
REAL ESTATE :
Real Estate brokers are employed as the agent of the seller
in order to obtain a buyer for their property. Agency the
contract between the broker and seller is called a listing
agreement .This agreement may be on open agreement where by
the broker earns a commission only if He / She finds a
buyer. A listing is exclusive if the broker is the only
agent entitled to a commission finding a buyer. Under an
exclusive arrangement a broker may be entitled to a payment
even if be seller find the buyer without the broker aid. The
agreement to sell between a buyer and seller of Real Estate
is governed by the general principles of contract law.
Contract It is commonly required in real estate contracts
that the title to the property sold be marketable. This
require the seller have proof of title to all the property
he/she is selling and that third party not have undisclosed
interests in the title. Property a title insurance company
or an attorney is often employed by the buyer to investigate
whether the title is, indeed, marketable. Title insurance
companies also insure the buyer against losses caused by the
title being valid.
In order to pass title, a dead with a proper description of
land must be executed and delivered. Currently, the State
requires the deed be officially recorded to establish
ownership of the property and / or provide notice of its
transfer to subsequent purchaser.
REAL PROPERTY :
Property signifies dominion or right of use, control, and
disposition which one may lawfully exercise over things,
objects, or land. One of the basic dividing lines between
properties is that between real property and personal
property. Generally, the term real property refers to land.
Land in general usage, includes not only the face of the
earth but everything of a permanent natural over or under
it. This includes structures and minerals.
There are further divisions within the real property
classification. The most important are Freehold estates,
Non-freehold estates, and Concurrent estates. Freehold
estates are those in which an individual has ownership for
indefinite period of time. An example of a freehold estate
is the "Fee simple absolute" which is inheritable and lasts
as long as the individual and his heirs want to keep it.
Another example is the "Life estate" in which the individual
retains possession of the land for the duration or her life.
Non-freehold Estate are property interests of limited
duration. Concurrent estates exist when property is owned or
possessed by two or more individuals simultaneously.
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Legal service including:
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-Contract Drafting
-Commercial Transactions
-Legal Consulting
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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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