Notarizing a contract
-
- Expatriate
- Posts: 760
- Joined: Sun Mar 04, 2018 1:43 pm
- Reputation: 142
Re: Notarizing a contract
Hi Armchairlawyer, thank you so much for this comment as it addresses what I was really getting at. I was not aware that it is expensive to get something notarized, I think I have only done this one in my life and don't remember how much it cost.armchairlawyer wrote: ↑Wed Oct 30, 2019 1:26 pmIf it is a simple loan, I cannot think of any reason other than as proof that the parties actually signed it (thumbprint is better as harder to dispute). If it is a loan then you could take photos of the borrower signing and taking the money from you. And you can have the contract witnessed (signed as such) by responsible persons.daeum_tnaot wrote: ↑Wed Oct 30, 2019 12:59 pm Thanks both for your reference to a service provider.
Not only am I looking for the service, but also asking for advice about whether it is worth it? I.e. how much benefit does it bring you to have something notarized?
Notarisation is something you do when the law or another party insists. It is expensive, as you know, so you don't go doing it otherwise.
Bear in mind that the main reason that debts are not enforced is that it is not worth the hassle and expense going through the court process (and that is true in many countries).
Based on what you said, it sounds like the best idea is to have the contracts both thumbprinted and signed. And if I could find a good witness, that would also be a good way to strengthen it.
-
- Expatriate
- Posts: 13458
- Joined: Wed May 28, 2014 11:37 pm
- Reputation: 3974
Re: Notarizing a contract
Yes, only in my experience, but the best way to do low-level contracts in Cambodia is to draw up the contract yourself, get it translated into Khmer (then get the translation checked by a third party, if you are not 100% sure), then the two parties involved thumb-print the document(s) with a witness on each side, and then go to the sangkat with the document to get a stamp.daeum_tnaot wrote: ↑Wed Oct 30, 2019 7:08 pmHi Armchairlawyer, thank you so much for this comment as it addresses what I was really getting at. I was not aware that it is expensive to get something notarized, I think I have only done this one in my life and don't remember how much it cost.armchairlawyer wrote: ↑Wed Oct 30, 2019 1:26 pmIf it is a simple loan, I cannot think of any reason other than as proof that the parties actually signed it (thumbprint is better as harder to dispute). If it is a loan then you could take photos of the borrower signing and taking the money from you. And you can have the contract witnessed (signed as such) by responsible persons.daeum_tnaot wrote: ↑Wed Oct 30, 2019 12:59 pm Thanks both for your reference to a service provider.
Not only am I looking for the service, but also asking for advice about whether it is worth it? I.e. how much benefit does it bring you to have something notarized?
Notarisation is something you do when the law or another party insists. It is expensive, as you know, so you don't go doing it otherwise.
Bear in mind that the main reason that debts are not enforced is that it is not worth the hassle and expense going through the court process (and that is true in many countries).
Based on what you said, it sounds like the best idea is to have the contracts both thumbprinted and signed. And if I could find a good witness, that would also be a good way to strengthen it.
-
- Expatriate
- Posts: 760
- Joined: Sun Mar 04, 2018 1:43 pm
- Reputation: 142
Re: Notarizing a contract
Anchor Moy wrote: ↑Wed Oct 30, 2019 8:15 pmYes, only in my experience, but the best way to do low-level contracts in Cambodia is to draw up the contract yourself, get it translated into Khmer (then get the translation checked by a third party, if you are not 100% sure), then the two parties involved thumb-print the document(s) with a witness on each side, and then go to the sangkat with the document to get a stamp.daeum_tnaot wrote: ↑Wed Oct 30, 2019 7:08 pmHi Armchairlawyer, thank you so much for this comment as it addresses what I was really getting at. I was not aware that it is expensive to get something notarized, I think I have only done this one in my life and don't remember how much it cost.armchairlawyer wrote: ↑Wed Oct 30, 2019 1:26 pmIf it is a simple loan, I cannot think of any reason other than as proof that the parties actually signed it (thumbprint is better as harder to dispute). If it is a loan then you could take photos of the borrower signing and taking the money from you. And you can have the contract witnessed (signed as such) by responsible persons.daeum_tnaot wrote: ↑Wed Oct 30, 2019 12:59 pm Thanks both for your reference to a service provider.
Not only am I looking for the service, but also asking for advice about whether it is worth it? I.e. how much benefit does it bring you to have something notarized?
Notarisation is something you do when the law or another party insists. It is expensive, as you know, so you don't go doing it otherwise.
Bear in mind that the main reason that debts are not enforced is that it is not worth the hassle and expense going through the court process (and that is true in many countries).
Based on what you said, it sounds like the best idea is to have the contracts both thumbprinted and signed. And if I could find a good witness, that would also be a good way to strengthen it.
Thanks, that sounds like a good idea. I probably won't use that method in my case for various reasons, but it does sound like a best practice for others to note in case they want to attempt something like this.
-
- Similar Topics
- Replies
- Views
- Last post
Who is online
Users browsing this forum: drozd and 555 guests