A Definitive Breakdown on Secured Ownership by Nominee Structure

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A Definitive Breakdown on Secured Ownership by Nominee Structure

Post by IPS Cambodia » Mon Jun 27, 2016 9:34 am

The vast majority of properties purchased by foreigners in Cambodia uses what’s known as a “nominee structure”. At IPS Cambodia, approximately 95% of all our foreign clients choose this structure, as it’s cheap, secured and fast, especially when compared to alternative options such as a Land Holding Company (LHC).

Often we have clients who have a Khmer partner or colleague who they put forward as a nominee, however if they don’t, there are a range of options available to source a nominee for the property for the duration of your ownership.

Read the full article here : http://www.ips-cambodia.com/ownership-u ... structure/

Check one of the largest listings of rental properties in Cambodia at our website: http://www.ips-cambodia.com/

Contact us at [email protected] or call us at 077-959-861.
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Re: A Definitive Breakdown on Secured Ownership by Nominee Structure

Post by bolueeleh » Mon Jun 27, 2016 10:33 pm

what is the legal recourse if the nominee refuse to sign at the dotted line?
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Re: A Definitive Breakdown on Secured Ownership by Nominee Structure

Post by IPS Cambodia » Tue Jun 28, 2016 12:32 pm

If set up correctly the legal recourse is very simple and straight forward - call in the mortgage.

If you would like a detailed explanation please contact me - Grant Fitzgerald direct on 017 658 951.
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Re: A Definitive Breakdown on Secured Ownership by Nominee Structure

Post by kausmo » Mon Aug 13, 2018 12:58 pm

Hello Grant, are you familiar with Canatrust? Thoughts?
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Re: A Definitive Breakdown on Secured Ownership by Nominee Structure

Post by phuketrichard » Mon Aug 13, 2018 1:20 pm

an advertisement POORLY disguised as a post.
shameful.
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Re: A Definitive Breakdown on Secured Ownership by Nominee Structure

Post by IraHayes » Mon Aug 13, 2018 1:43 pm

phuketrichard wrote:
Mon Aug 13, 2018 1:20 pm
an advertisement POORLY disguised as a post.
shameful.
And while it may be in the wrong section of the forum i believe it is permitted. And it may be of use to someone via the search function.

Edit to add:
Maybe housing is the best section.. i thought it was in general chat when i posted.
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Re: A Definitive Breakdown on Secured Ownership by Nominee Structure

Post by Username Taken » Mon Aug 13, 2018 2:00 pm

IraHayes wrote:
Mon Aug 13, 2018 1:43 pm
phuketrichard wrote:
Mon Aug 13, 2018 1:20 pm
an advertisement POORLY disguised as a post.
shameful.
And while it may be in the wrong section of the forum i believe it is permitted. And it may be of use to someone via the search function.

Edit to add:
Maybe housing is the best section.. i thought it was in general chat when i posted.
This is an old thread. Not the thread you posted in before.
... give 'em a quick, short, sharp shock ...

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