Title Deed in Thailand
Title Deed in Thailand. In Thailand, title deeds are critical legal documents that define land ownership and usage rights. The Land Department of Thailand is responsible for issuing and maintaining these documents. There are different types of title deeds, each providing varying degrees of ownership security and rights. These include the Chanote (Nor Sor 4 […]
Intellectual Property in Thailand
Intellectual property is a critical asset for any business, and safeguarding it requires an in-depth understanding of local laws and regulations. Tilleke & Gibbins has recently contributed an overview of patents, utility models (known as “petty patents” in Thailand), trademarks, and copyright to Practical Law, the world’s leading legal publication. Patents Patents protect inventions, including […]
Making a Thai Will and Succession
Drawing up a will is an important step for anyone who owns assets in Thailand. Contacting a legal professional for personalised advice and to ensure compliance with Thai law is highly recommended. Having an estate plan in place protects your wishes and ensures that your loved ones are taken care of after your death. There […]
Property Taxes in Thailand
Property Taxes in Thailand. Property taxes play a significant role in Thailand’s real estate landscape, impacting both local and foreign property owners. Understanding the ins and outs of property taxes is crucial for individuals and investors looking to purchase or own property in the country. In Thailand, property taxes are primarily levied on land and […]
Off-Plan Property Investments in Thailand
Thailand’s real estate market has witnessed a surge in popularity among investors, and one avenue that has captured the attention of savvy investors is off-plan property investments. Off-plan properties, also known as pre-construction or pre-sale properties, involve purchasing a property before it is completed. This article explores the dynamics of off-plan property investments in Thailand, […]
Property Title Transfer in Thailand
There are specific procedures to follow and important details to know when transferring property titles in Thailand. Here is a list about Thailand’s property title transfer: 1. Sale and Purchase Agreement (SPA): The parties sign a contract that outlines the terms and conditions of the sale of the property, including the purchase price, payment periods, […]
Sales Contract Review in Thailand
If you are planning to sign a sales contract in Thailand, it’s recommended to have it reviewed by a lawyer who is familiar with the local laws and regulations. Here are some of the things that a lawyer might look for when reviewing a sales contract in Thailand: 1. Contract terms: The lawyer will review […]
How to Buy a Condo in Thailand for Foreigners
If you want to buy a condominium in Thailand, you must keep in mind that all developments are required to be majority Thai-owned. As such, foreigners can only purchase 49 percent of the units. However, foreigners can buy apartments from publicly-listed companies, since the developers are unlikely to face financial issues during the construction process. […]
Property Contract Review in Thailand
If you are planning to buy property in Thailand, you must first understand the Real estate market in this country. You should also know your responsibilities as a party in a property contract, its requirements and how much it costs. If you are not familiar with legal documents and terms of contract, then read the […]
Property Due Diligence in Thailand
Before buying a property in Thailand, you should perform a thorough investigation. For instance, you should translate the Thai land title deed into English and understand what rights you are buying against the land. It is best to visit the property in bad weather and inspect any disturbances in the surrounding environment, such as drainage […]
