Title Deeds in Thailand
Title Deeds in Thailand. In Thailand, title deeds (Chanote and other forms) are more than mere evidence of land ownership; they define the legal status, permissible use, transferability, and encumbrance rights associated with real property. The country’s land tenure system is highly codified under the Land Code B.E. 2497 (1954), with title documents issued and […]
Property Title Transfer in Thailand
In Thailand, the property title transfer is a crucial process that marks the legal transfer of ownership from one party to another. Whether you are buying or selling property, understanding the title transfer process is essential for ensuring that the transaction is legal, secure, and efficient. This process involves several steps, legal requirements, and associated […]
Sales Contract Review in Thailand
A sales contract is a legally binding agreement that governs the terms and conditions of a property transaction in Thailand. Whether you are purchasing or selling real estate, understanding the key components of the sales contract and reviewing it thoroughly is crucial. A well-drafted sales contract not only protects the interests of both parties but […]
Property Due Diligence in Thailand
Purchasing property in Thailand, whether as a local or foreign investor, is an exciting venture that requires careful consideration and thorough research. Property due diligence is a critical step in ensuring that the investment is sound, legal, and secure. This process involves verifying the legal status, ownership history, and condition of the property before finalizing […]
Buying Property in Thailand
Thailand has become a sought-after destination for property investment due to its tropical climate, vibrant culture, and thriving real estate market. Foreigners and locals alike are drawn to the opportunities presented by the country’s picturesque locations, affordable living, and potential for high returns. However, purchasing property in Thailand involves unique legal considerations and procedures that […]
Usufructs in Thailand
Usufructs in Thailand. In Thailand, a usufruct is a legal right that allows a person (the usufructuary) to use and benefit from another person’s property for a set period, typically up to 30 years or for the usufructuary’s lifetime. Usufructs provide foreigners with a secure way to use land without ownership, often for agricultural, residential, […]
Intellectual Property in Thailand
Intellectual property in Thailand (IP) rights protect intangible creations of the mind, such as inventions, designs and literary and artistic works. They provide legal protection for creators, preventing unlicensed use by others for a period of time. Navigating Thailand’s IP law landscape can be complex. This guide will demystify the laws surrounding your intellectual creations, […]
Escrow Accounts in Thailand
Escrow Accounts in Thailand. Thailand’s property market continues to attract both domestic and foreign investors. While exciting, real estate transactions can involve significant financial risk. Escrow accounts offer a valuable tool to mitigate this risk and ensure a secure exchange of funds. What is an Escrow Account? An escrow account is a neutral third-party account […]
Property Taxes in Thailand
Property Taxes in Thailand. Owning property in Thailand can be a great investment, but understanding the associated taxes is crucial for responsible ownership. Unlike some countries, Thailand doesn’t have a general annual property tax. However, there are tax implications depending on how you utilize your property. Understanding the Housing and Land Tax Thailand’s property tax […]
Property Market in Thailand
Property Market in Thailand. In 2024, the real estate market in Thailand paints an intriguing picture. Though general growth is fueled by the economic recovery, price rises are not as great as they were in previous years. Investors looking for a safe long-term investment may find this steadiness intriguing. The Moving Market The real estate […]