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Legal Impact of Land Registration on Real Estate Investment: The Case of Cambodia

Part Name
Articles
Title
Legal Impact of Land Registration on Real Estate Investment: The Case of Cambodia
Author(s)
Phalthy Hap
Publication Year
30-Nov-2018
Citation
Vol. 8 Issue. 2, 2018
Keyword
Sporadic land registration; systematic land registration; complementary land registration; land certificate; ownership; condorminium; investment
Type
Article
URI
https://www.klri.re.kr:9443/handle/2017.oak/6481
Abstract
The main purpose of this article was to discover the relations between land
registration and real estate investment. Methodologically, the research was
based on analysis of the reflection of the actual practice relating to legal
regulations available since the beginning of land privatization in 1989, the
official reports from the government agencies and other reports from civil
society. It has also elaborated the Cambodian land system has evolved in order
to boost the country development. The research findings revealed that land
registration is one of the main factors to ensure land stability. The legal
regulations were made to manage co-ownership and co-owned buildings
thereby resulting in a great impact on real estate investment. A great policy to
grant co-ownership to foreigners is undeniable for the co-owned building
construction. As a result, high buildings have been then flourished in Phnom
Penh, the capital city of Cambodia. The research however suggested that local
competent authorities should be granted full responsibilities to control
constructions in their territorial areas.
Table Of Contents
Ⅰ. Introduction
Ⅱ. Land Privatization and Issues of Land Registration
A. Inception of Land Privatization and Its Consequence
B. Co-ownership Registration and Its Impact
Ⅲ. Real Estate Investment Opportunities
A. Economic Land Concessions
B. Real Estate Development
Ⅳ. Conclusion
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