NovAsia

Ownership, taxes and the deal mechanics

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Property manager

Property management agreements

Which powers to give a manager, where rent and deposits should be held, and how to limit repair spending.

Company asset or share sale

Asset sale or share sale

How to compare selling the apartment itself with selling shares in the company that owns it: title, liabilities and tax.

Arrears before sale

Selling with unpaid service charges

How a seller can clear condominium arrears before completion using a management statement, holdback or direct payment.

Ending a lease

Ending a lease and getting the deposit back

Notice and renewal rules, inspections, utilities, wear and tear, key handover and a documented deposit refund.

Tenant not paying

When a tenant stops paying rent

How to document arrears, use notice and a cure period, terminate the lease and recover possession without risky self-help.

Unit boundary

Where a unit ends and common property begins

Who is responsible for walls, windows, balconies, pipes and leaks, and when a repair belongs to the owner or the building.

Owner voting

Owner voting in condominiums

How voting shares are calculated, which decisions need a majority or 75%, and how a developer keeps influence through unsold units.

Hidden condo debts

Avoiding a condo with hidden debts

How to check service charges, sinking-fund contributions, special assessments, taxes and deposits before buying a completed apartment.

Management handover

Handing management over to owners

Which accounts, contracts, warranties and records should transfer, and why renaming the manager is not real owner control.

Multi-phase costs

Multi-phase projects: who pays for common areas

How land, podiums, pools, parking and service charges split between phases, and what happens if later towers are delayed.

Joint ownership

Buying an apartment jointly

How to register two owners and unequal shares, document contributions, and plan for sale, separation and succession before buying.

Apartment on divorce

Divorce: what happens to the apartment

How title, mortgage and rent are divided, and why a foreign divorce judgment does not automatically change Cambodian registration.