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ខ្មែរ Laws and Regulation
Understanding the Lender’s Rights on Pledged Assets in Cambodia
- 20 March 2021
A pledge is a transaction in which borrowers give possession right of either their movable or immovable property to lenders as collateral to secure a debt or loan. As a lender/lender, besides being able to possess the property, what other rights do you have on the pledged asset? Can the lender sell the pledged asset if the borrower defaults on the debt? According to the Civil Code and Land Law,...
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GDT Launches Property Tax App & Instruction Video
- 19 March 2021
<div class="youtube"> https://www.youtube.com/watch?v=uKrtNXd2B9s </div> The General Department of Taxation (GDT) has recently launched a property tax application called ‘GDT Taxpayer App’ to ease tax payment and help maintain social distance during the pandemic. According to a GDT announcement on 11 March, the app will allow property taxpayers to check information on registered ...
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Gov’t Taking Action Against Coastal Land Encroachers in Koh Kong and Sihanoukville
- 17 March 2021
The Sihanoukville and Koh Kong provincial administrations have been taking serious actions to put an end to state land encroachment activities, following the recent unauthorised sea and canal reclamation. According to the Sihanoukville Provincial Administration’s a warning letter was issued on 15 March, for the spot where the encroacher/s filled up the sea located in front of the Cambodia Tela ...
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Gov’t to Seize Back Over 260 Hectares of Illegally Owned Forest Land in Kampong Speu Province
- 17 March 2021
The Kampong Speu provincial administration has officially decided to seize back over 260 hectares of illegally owned forest land in Aoral District as a state asset, according to the Kampong Speu Governor Vei Samnang. Governor Samnang said yesterday that the total area of land to seize back is 266 hectares and 9 plots. Those plots are located in Choam village, Khphe village, Ta Sal village, O'An...
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QR Code Scanning on Property Ownership Title Service Temporarily Suspended
- 15 March 2021
The Ministry of Land Management, Urban Planning and Construction announced on 14 March that the ministry is temporarily suspending the QR code scanning service on property ownership titles due to technical issue. The ministry announcement added that the technical team is currently re-installing the system, and the ministry will notify the public once again when the system is ready. The scann...
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Pros and Cons of Buying a Foreclosed Property
- 13 March 2021
Most investors are reluctant to buy foreclosed property as they do not want to deal with complicated court procedures despite the low price. However, buying a foreclosed property is not always complicated if you know how to analyze the property and follow the procedure well. A foreclosed property is a property that the original owner used as collateral to secure the loan but was later forced to...
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How To Resolve Land Disputes
- 10 March 2021
Most people probably think that every time there is a land dispute, they must go to trial. However, a trial is the final procedure after many settlement mechanisms being undertaken. What are those mechanisms and how should they be implemented? There are two kinds of land disputes in Cambodia, according to a joint Prakas dated 26 November 2003. First, a registered land dispute must be resolved b...
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What is Construction Consultancy?
- 22 February 2021
In most cases, developers always encounter complicated tasks in their construction projects, in terms of both technical and legal procedures. These difficulties might be quite challenging for experienced developers, but in the worst case might discourage new developers from entering the market. This is when the construction consultancy services are required. What is a construction consultancy? ...
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New Port Draft Law and Phnom Penh Logistics Centre Project Agreement Finalised
- 16 February 2021
The new draft port law and the Cambodia-Singapore draft agreement for the Phnom Penh Logistics Centre Project have been finalised, according to an announcement by Minister of Public Works and Transport HE Sun Chanthol on 16 February. HE Sun Chanthol said that the new port draft law was 100% complete and waiting for a final check before submitting it to the cabinet for approval. He added that th...
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Why is it Necessary to Inspect and Verify Construction Works?
- 10 February 2021
Following the promulgation of the Construction Law in 2019, Cambodia's construction sector has seen stronger enforcement to maintain the overall quality and safety in the sector. For example, the inspection and verification of construction work by a professional or a licensed certifier firm is legally required before starting to build or demolish any construction work. Why is it necessary to in...
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