Usufruct in Thailand
Usufruct in Thailand. For foreigners interested in using or residing in Thai property, navigating ownership restrictions can be frustrating. However, a legal concept called usufruct offers a compelling solution. Let’s delve into usufruct and how it grants temporary ownership rights, allowing you to reap the benefits of Thai property ownership without full title. The Essence […]
Property Leasehold in Thailand
Property Leasehold in Thailand. Property leasehold is a common arrangement in Thailand, offering foreigners and locals alike the opportunity to enjoy long-term use and occupation of land and buildings without outright ownership. With its unique legal framework and cultural nuances, understanding property leasehold in Thailand is essential for individuals seeking to invest or reside in […]
Title Search in Thailand
Title Search in Thailand. Investing in real estate is a significant undertaking, and ensuring the legitimacy of property ownership is paramount. In Thailand, conducting a thorough title search is a crucial step in the real estate transaction process. This article delves into the importance of title searches in Thailand, the legal framework surrounding property titles, […]
Property Market in Thailand
The property market in Thailand has experienced significant growth and transformation over the years, attracting both local and international investors. As one of Southeast Asia’s most popular tourist destinations and a rapidly developing economy, Thailand offers a diverse range of opportunities for real estate investment. In this article, we will delve into the latest property […]
Property Title Transfer in Thailand
Property Title Transfer in Thailand. In Thailand, transferring a property’s title requires a number of stages and formalities. Here is a general description of what happens: Sale Agreement: The Sale and Purchase Agreement (SPA), which the buyer and seller negotiate and sign, specifies the terms and conditions of the property transfer. It is recommended to […]
Property Conveyancing in Thailand
If you are considering buying property in Thailand, you will need to understand how the property conveyance process works. Thailand’s laws do not allow the transfer of ownership to be carried out just by handing over a title deed. Rather, the transfer of ownership needs to be registered by both parties. If you’re selling a […]
Legal Review of Sales Contract in Thailand
Before signing the sales contract, it is imperative to get a legal review of it. Not only is it important to understand the contract, but it also protects you from any unfavorable legal clauses that may be included. In addition, you need to make sure that the property information in the sales contract matches the […]
Conducting Property Due Diligence in Thailand
Importance of Due Diligence Due diligence is an important part of purchasing property in Thailand. This process ensures that the property is legitimate and the seller has the right to sell it. It includes examining the title and any possible attachments. It is best to hire a strong property practitioner who has experience in property […]
Thai Property Solicitors
If you are looking at buying property in Thailand you will need the services of a solicitor in Thailand. With offices in all the main city centers in Thailand, we at Siam Legal are best able to serve your needs. Looking at drafting a will , taking out a mortgage bond or worried about property […]
Property Law Changes
Over the past 4 years there have been many changes to property laws in Thailand. These changes have been set to provide protection to consumers. Let’s look at what those changes have been and how it has offered more protection to you the buyer. The first changes and very important changes have been in the […]