Disputes between real estate developers and buyers regarding real estate purchase contracts may be the subject of mediation and conciliation by the Ministry or Department. The Ministry or the Department of Mediation and Dispute Resolution at the request of the parties within 2 (two) months at the latest.
Dispute resolution can lead to the signing of a conciliation agreement, which must be signed by the parties to the dispute and recognized by the department or department. The conciliation agreement has immediate effect on both parties.
Disputing parties who are dissatisfied with the decision or other measures of the Ministry or the Department have the right to file a complaint to the Legislative Council of the Ministry of Economy and Finance Objects before enforcing a lawsuit to court, except in criminal cases.
The Legislative Council of the Ministry of Economy and Finance shall resolve the complaint within 90 working days after receiving the complaint or within an appropriate period. In resolving disputes, the Legislative Council of the Ministry of Economy and Finance may invite the parties to the dispute to ask questions or provide evidence as necessary.
Which institution mediates and resolves disputes in the real estate sector in Cambodia
Decisions on dispute resolution shall be made in writing, stating the facts, reasons and conclusions. In case of dissatisfaction with the decision of the Legislative Council, the parties to the dispute may file a complaint to the competent court in accordance with the provisions in force.