Any suggestions on what to be aware of when buying land?
Things that come to mind for me are:
- Checking ownership @ Sangkat.
- Confirming land area with neighbours.
- Is there anywhere on a national level to check if the property has ownership / mortgage issues?
- If the owner has the soft title, is it safe to assume the property is not being used as collateral?
Any other thoughts would be greatly appreciated. I do have a lawyer that will be coming to help out, also.
Buying Property - Anything else to look out for?
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Last edited by PSD_Kiwi on Tue Jul 04, 2017 7:33 pm, edited 1 time in total.
I'm not a negative person, I encourage people all the time...it's usually to f**k off! But, whatever.
National Level - Check with the Ministry of Land Planning Cadastral Department.holidayinkh wrote:Any suggestions on what to be aware of when buying land?
Things that come to mind for me are:
- Checking ownership @ Sangkat.
- Confirming land area with neighbours.
- Is there anywhere on a national level to check if the property has ownership / mortgage issues?
- If the owner has the soft title, is it safe to assume the property is not being used as collateral?
Any other thoughts would be greatly appreciated. I do have a lawyer that will be coming to help out, also.
Property on Soft Title can still be used as collateral with some financial institutions, as well as unofficial lenders.
I'm not a negative person, I encourage people all the time...it's usually to f**k off! But, whatever.
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