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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
 

 
 
 
 Limited Proprietary Rights:
A limited proprietary right exists when a person other than the owner enjoys the latter’s property. The remaining right of the owner is then referred to as bare ownership.

The forms of limited proprietary right include usufruct, use and habitation, and easement.

- Usufruct
- The Rights to Use and Habitation
 
Part1- Usufruct :
  Usufruct is the enjoyment of immovable property by a person other than the owner for a period which cannot be longer than the life of the usufructuary.

Usufruct is created by law or by agreement. It may be created with or without time restrictions or until the defined conditions are completed.

If there is no provision on time restriction the usufruct is deemed to last for the lifetime of the usufructuary.

The usufruct contract is valid if it is made in writing or in authentic form. The usufruct contract cannot be contested by third parties upon its registration with the Land Registry.

The usufructuary has the right to enjoy all the fruits, either natural fruits or civil fruits, generated by the immovable property in respect of which he has the usufruct.

Any natural fruits attached to the land at the time the usufruct beings will benefit the usufructuary. Any natural fruit attached to the land at the end of usufruct will benefit the bare owner without mutual compensation for plowing and harrowing, harvesting or the seeds. However, if there is a tenant farmer or sharecropper at the commencement or at the end of the usufruct, they shall not lose their shares of the fruits they are entitled to receive.

Civil fruits shall benefit the usufructuary in proportion to the duration of the usufruct.

The usufructuary may enjoy the usufruct personally, lease it out, sharecrop it, or he may assign his right for valuable consideration or gratuitously to another.

In case of lease or sharecropping agreement, the contract cannot exceed a period of three years. If he wants to renew a lease with a tenant farmer or a sharecropper, a new contract shall terminate at least one year before the expiration of the usufruct.

The usufructuary has all the easements and generally all right that the owner may enjoy, except the right to dispose of the property.

The usufructuary can use the rights, in the same manner as the owner, of the fruits of the quarries existing on the land under usufruct.

The usufructuary collects any fee due and payable to the owner of the land by the concessionaire of mines exploited on the land under his usufruct right.

The bare owner may not impede the rights of the usufructuary in any form whatsoever.

The usufructuary, at the end of the usufruct, may not claim any indemnity for immovable property improvements made by him during the usufructuary in any form whatsoever.

The usufructuary, at the usufruct, may not claim my indemnity for immovable property improvement made by him during the usufruct, even if the value of the immovable property increases due to the improvements.

The usufructuary or his successors may further remove mirrors, paintings and other decoration installed by them in the excising buildings, as long as they restore the premises to its original condition.

The usufructuary is responsible for maintenance repairs only. The bare owner is responsible for major repairs except damages caused by a lack of maintenance on the usufructuary’s part from the beginning of the usufruct. In the case, the usufructuary is responsible for repairs himself.

Major repair are, the repair of support walls, doorways, replacement of roof beams and roof covering entirely, repairing dikes, retaining walls and the entire fencing.

All other repairs are considered maintenance repairs.
Neither the bare owner nor the usufructuaries are obligated to reconstruct anything that has deteriorated or is destroyed by force majors.

However, if an insured immovable property is destroyed by any possible catastrophe, the bare owner or the usufructuary can request that the insurance indemnity be used for repair or rebuilding.

While benefiting from the usufruct, the usufructuary shall be responsible annually for the immovable property changes such as taxes and excise taxes, insurance premiums that have to be paid.

The usufructuary shall be responsible to execute and to renew insurance policies on the immovable property which is in his usufruct; this either means the existing contract at the beginning of his usufruct, or the contract which the bare owner requests to be made in the future.

If, during the usufruct, a third party infringes upon the rights of the bare owner, the usufructuary shall notify the owner, and failing to do so, he liable for the damage that the bare owner may suffer, as if such damage were a result of damage that the himself inflicted.

The usufruct shall end:

• Upon the death of the usufructuary;
• Upon the expiration of the time limitation or time specified in the contract;
• By agreement that the usufructuary waive his right;
• Upon the complete destruction of the immovable property under usufruct; or
• By decision of the Court in conformity with the provisions of article 135 of this law.

The usufructuary’s rights can be terminated by court order upon the complaint of the bare owner where the usufructuary abused his rights of enjoyment, particularly if the usufructuary damages the immovable property or if he fails to maintain it.

The creditors of the usufructuary may, in such case, have a right to file a claim with the court to ask for the continuation of the rights of the usufructuary if they assume the repair of the damage inflicted and they may provide guarantees for the future.

The court may, depending on the seriousness of the circumstances or other reasons, declare the absolute extinction of the usufruct, or order only that the immovable property revert to the owner without usufruct under the obligation to pay a certain amount annually to the usufructuary or his beneficiaries until the end of usufruct’s time limitation.

The sale of immovable property under usufruct by the bare owner does not cause any change for the usufructuary, who continues to exercise his rights the usufructuary has expressly waived such rights.

If the usufruct relates only to a building, and such building is accidentally destroyed, the right of the usufructuary ceases and he cannot claim right of usufruct on the remaining land or materials.

However, if the usufructuary is on both land and a building and the building is destroyed, the usufruct is remains on the land.
 
Part II-The Rights to Use and Habitation :
  The right to use is the right allowing the beneficiary to enjoy the quantity of fruits from a piece of land necessary for his own needs ands and those of his family.

The right of habitation is the right allowing the beneficiary to occupy a portion of a house necessary for himself and his family.

These two rights continue even when later on the beneficiary marries or has children.

The rights to use and habitation are created and lost in the same manner as usufruct.

The rights to use and habitation of the user and inhabitation are determined by the provision of the contract in the form of an authentic deed; or by provisions of law concerning these rights.

The beneficiaries of the right to use or habitation may not transfer, or lease out their right to others.

The rights to use and habitation are strictly personal rights. They end upon the death of their beneficiary or pursuant to the clauses of the contract.

If the beneficiary of the right to use takes all the fruits of the land, or if the beneficiary of the right to habitation occupies the entire house, he is liable to pay the costs of cultivation and to repair and maintain, and to pay taxes, excise taxes and insurance premiums in the same way as the usufructuary.

If he takes only a portion of the fruits, or if he occupies only a portion of the house, he shall contribute to such expense pro rata in accordance with the portion enjoyed.

A land easement is a burden on a land, referred to as servient or lower land the use and benefit of another land, referred to as the dominant or upper land, belonging to another owner.

Easements may be created by nature, by law or by contract depending on the state of the premises, as determined by law or by agreement among the owners.

Lower land shall receive waters flowing naturally from upper land.

The owner of the lower land may not build dams, dikes, barriers, or other works to impede the water flow.

The owner of the upper land may not do anything that would aggravate the easement of the lower land.

The owners of the upper land has the right to use and dispose of rainwater that falls on his land as well as waters from sources that are found thereon, except in the case of the provision of the last paragraph of article 144.

The owners of lands situated along running waters shall allow the waters to flow to the neighboring lands and the owners of neighboring land, in turn, are subject to the same obligation with respect to lands that are further away, depending on their agricultural needs.

An easement by law aims to be used for public or private interests.

An easement by law for the public interest shall be determined by law or by specific regulations that bind the owners.

Easements by law for the benefit of private interest shall determine the limits within which an owner may perform certain acts on his own land, provide that he does not infringe the rights of owners of neighboring lands.

Land demarcation and ownership of property situated along public roads shall be determined by the competent authorities based on actual needs of common interests, especially based on the traffic needs.

Before building a fence or constructing any kind of building next to a public road, the owner shall check the conformance of the proposed construction with the setback map, if any. Every construction permit shall follow the excising setback line.

The competent authorities can decide to change the size of roads according to the necessary needs for the public interests. If the authorities decide to extend a road size, all constructions situated along the setback line shall be moved back. If it is a simple fence or an easy-to-remove building, the authorities shall require the owner to move it. If it is an immovable property that cannot be subject to change or easily moved away, it shall remain in the same location until the competent authorities decide whether to extend as projected. The deprivation of partial or whole of ownership may be done according to the implementation of the proper procedures determined by law. Regarding legally processed/occupied land, as well as fences and buildings legally built according to legal provisions, the owners shall be entitled to the compensation for their losses.

An owner who wants to do work on his land that is susceptible to harm or to being a nuisance for neighboring lands, such as drilling or excavating, or storing dangerous substances that may cause a nuisance or affect health, shall comply with the provisions of special regulations concerning the determination of distance to be respected or concerning supporting works.

An owner may not make a hole being a door or window or balcony or porch facing his neighbor’s land at a distance less than two meters.

An owner may not plant big or small tree taller than two meters near the boundary of the neighboring lands at a distance less than two meters from the boundary, otherwise it [the tree ] shall be forcibly removed upon the complaint of the interested owners.

The owner whose land is enclosed and lacks access to a public road or whose access is insufficient for the industrial agricultural exploitation of his ownership, is entitled to ask for a passage through the neighboring land, provided that he pays an indemnity proportion ional to the damage caused due to opening the passage.

In principle, the passage as stated in article 152 shall be made in the place that is the shortest distance from the enclosed piece of land to the public road, but shall be determined at the place that causes the least damage to the owner who accepts the opening of the passage.

If the enclosed land resulted from the division of land, following a sale, exchange or division of assets or any other contract, the passage may only be demanded over the remaining divided land.

However, in the case where the remaining divided land is not sufficient to establish a passage, the provisions of the article 152 and article 153 shall apply.

An owner, who wants to use water that has a right to use to irrigate his lands, may obtain the passage of the water through intermediary land against the payment of compensation for the damages caused to the land owners.

The owner can evacuate waters that have irrigated his land over lower land against the payment of compensation for the damages caused to the land owners.

The owner of submerged lands, in whole or in part, may allow the harmful water to be drained out of his land but he shall comply property with hygienic methods.

Any riverside owner who wants to use the for the irrigation of his land may obtain the right to put on the land of the land opposing bank the necessary industrial equipment for the taking of water against payment of compensation.

The owner of land who authorized works to be built on his land may always ask to share the use of the weir, provided he contributes half the cost of setting it up and its maintenance. No compensation is due in this case to this owner and any compensation already paid must be reimbursed.

Owners are allowed to establish on their own land, in favor of owners of other land, any easements as long as the easements are not contrary to public order. The use and scope of the easements shall be regulated by the contract that created them.

Easements created by contract must be in the form of authentic deed. They are effective against third parties only after inscription with the Cadastral Register.

An easement relationship between servient and dominant land shall cease when one of the concerned pieces of land is transferred to a third party, if the preservation of the easement is not formally provided in the document that transfers the ownership.

An owner who establishes an easement on his land is considered to consent to everything that is necessary for such easement. The right to draw water established in respect to a spring necessarily entails the right of passage on the land that encloses it.

The owner of the dominant land has the right to construct any necessary work on the servient land in order to use and to preserve the easement.

Works that are necessary to use and to preserve the easement shall be carried out at the expense of the owner of the dominant land, unless otherwise agreed.

The owner of the servient land may not do anything that tends to reduce the use of the easement or make it unusable.

If, however, maintaining the original situation would make the easement more expensive for the servient land owner, the servient land owner may offer to the owner of the dominant land a place that is equally useful for the exercise of the right, and the owner the dominant land may not refuse.

The owner of the dominant land may only use the easement within the limits determined by the contract and cannot make any change on the servient land, or on his own land, that may adversely affect the situation of the servient land.

Easements end:
- by the termination of agreement that created the easement;
- when the dominant and servient land become owned by the same owner;
- by the total destruction of the land on which the easement was created.
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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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