When we think of joint property ownership we think of a 50/50 split on paper. However, a Cambodian couple terminated their 18 year relationship by sawing their home in half! That’s right in half! The husband Moeun Sarim was dissatisfied with his marriage to Vat Navy and told her that he wanted a divorce. He then went to the property with some of his family members and proceeded to saw his half of the property. The funny thing is that he then carried his half away. The property located in rural Cambodia most likely does not have a formal legal description. If it does Navy, will need a to file a corrective deed. Navy, may have lost her husband and half of her home but a least she has gained some land.

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THIS IS JUST A TEST OF THE MEDIA PUBLISHING SYSTEM

I am a big fan of Robert Kiyosaki. A few years ago Robert repeatedly said that “Your house is not an asset.” Most people scoffed, believing that your home is an investment. Now that the mortgage meltdown went from a tropical storm to a full cyclone, many people are seeking the advice of financial gurus who offer a common sense approach coupled with unconventional wisdom. Here are a few clips of Robert speaking with KTLA regarding the state of the economy.
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Sri Lanka is welcoming it’s first title insurance company. The island nation is located off the Southern Coast of India in Southern Asia. The island is home to approximately 20 million residents. German based Allianz CE, one of the world’s largest financial and insurance institutions is providing the underwriting to it’s subsidiary Allianz Lanka. The company will provide residential and commercial title insurance with the capability to produce title reports in the span of 24 hours. Well, congratulations to the Island Nation. With such a large population, I’m surprised that title insurance was not offered sooner. (Better late than never!)