Laws and Regulation
Hypotec in Cambodia Under the Civil Code
Under the Civil Code of the Kingdom of Cambodia, a hypothec, a mortgage under Cambodian law, is created through an agreement reached between a creditor and a debtor or a third party that provides immovable property as security for an obligation. A hypothee shall have the right to receive the performance of his or her claim prior to other junior creditors from the sale of the immovable property tha...
Read MoreCAMBODIAN LAND TITLE CLASSIFICATIONS EXPLAINED, ONCE AND FOR ALL!
To the new property buyer, Cambodian land title classifications can be rather confusing. Let’s explore the three main ways property ownership can be secured in Cambodia, and the major misconceptions surrounding Cambodian property ownership and Cambodia land titles. All Cambodian land title records were destroyed between 1975 and 1979. This meant that after the war, proof of ownership had become...
Read MoreCM Joint Committee Proposed for Cambodia
The Construction Management Association of Korea (CMAK) has been assisting Cambodia to implement the Construction Management System (CM) with the aim to improve construction quality for future buildings in the kingdom. To ensure effective CM improvement, CMAK proposes setting up a joint committee called the Cambodia-Korea Construction Collaboration Committee that will comprise of entities from ...
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