When it comes to buying a property in Cambodia, there are four title types: soft, hard, strata, and LMAP. Most foreigner buyers will hold strata title as it’s awarded to condo units, playgrounds, swimming pools, and other similar properties.
But if the condo building has a strata title already, you can apply for a soft title. These titles are recorded on the local level only but it’s widely recognized and preferred by unit owners.
Soft titles allow easier transfer of property. However, you can’t secure a mortgage under this title. It’s best that you acquire a hard title instead.
Hard titles offer better protection on your ownership of the property. Although it’s not easy to acquire, the hassle is totally worth it.