Power of Attorney (POA)
A legal document authorizing someone to act on your behalf, often used to sign contracts or register mortgages remotely.
by Sukhumalin July 11, 2025
Appraised Value
The official valuation of a property used for loans, taxes, and transfer calculations.
by Sukhumalin July 11, 2025
Zoning Regulations
Local laws defining permitted uses of land (residential, commercial, agricultural).
by Sukhumalin July 11, 2025
Encumbrance
A legal claim, lien, or liability attached to a property that may affect its transfer or use.
by Sukhumalin July 11, 2025
Usufruct
A legal right to use and benefit from someone else’s property without owning it, often granted for a fixed term.
by Sukhumalin July 11, 2025
Foreclosure
The legal process where a lender forces the sale of collateral property to recover an unpaid loan.
by Sukhumalin July 11, 2025
Collateral
Property or assets pledged by a borrower to secure a loan, subject to forfeiture in case of default.
by Sukhumalin July 11, 2025
Nor Sor 3 Gor
A land title deed with defined boundaries that is legally upgradeable to Chanote.
by Sukhumalin July 11, 2025
Nor Sor 3
A lesser land title with less precise boundaries than Nor Sor 3 Gor, requiring notice before sale or transfer.
by Sukhumalin July 11, 2025
Possessory Right
A basic land holding document without official survey or registration at the Land Department, offering minimal security.
by Sukhumalin July 11, 2025
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