NovAsia

Ownership, taxes and the deal mechanics

Page 6 of 7 · articles 61–72 of 79

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Mortgaged project land

Project land mortgaged to a bank

How a registered hypothec affects an off-plan buyer, what the security covers and how a unit must be released before title.

Who is liable under the SPA

Brand name vs project company: who is liable

Why the best-known brand and the company named in the SPA may be different, who owns the land, receives the money and must deliver the apartment.

Selling to a local buyer

Selling to a local buyer using a mortgage

What the bank checks, why its valuation may be below the seller’s price and how to structure a sale when a Cambodian buyer uses a housing loan.

Payments

Booking an apartment in Cambodia

What a Cambodian apartment booking form should contain: the exact unit, fixed price, reservation period, refund terms, document checks and the route to the sale and purchase agreement.

Foreign ownership

The foreign ownership quota in a condominium

How the 70% cap on foreign ownership works in Cambodia, why it is measured in floor area rather than units, and what to check before you reserve and register.

Foreign ownership

How a foreigner's apartment is inherited

Who receives a foreigner's apartment in Cambodia, how a will works, what happens to debts, and which documents the transfer requires.

Construction checks

Accepting an apartment at handover

What to check at handover in Cambodia: building documents, services, defects, the handover record, the warranty, and the re-inspection before you sign.

Foreign ownership

Selling an apartment in Cambodia as a foreigner

How a foreigner sells an apartment in Cambodia: preparing the strata title, finding a buyer, the contract, taxes, settlement and registering the transfer.

Living: daily life

Driving licences in Cambodia

Which licence a foreign resident may need in Cambodia, how to exchange an overseas licence, rent a car or scooter, check insurance and respond after a road accident.

Taxes & costs

Taxes in Cambodia for foreigners

Tax residence, salary, remote and rental income for foreigners — how it is assessed and what to check. Not a substitute for tax advice.

Foreigner restrictions

What foreigners cannot buy in Cambodia

Land, villas, ground-floor units and untitled apartments — what cannot be registered to a foreigner and which structures give no ownership.

Warranty after handover

Warranty after apartment handover

Which defects the developer should fix after handover, how to prepare a snagging list and what to do if repairs are refused.