Thai law provides a variety of ways for owners to grant others (“grantees”) the right to use immovable property, with leases perhaps the most common. Other methods include superficies (allowing the grantee to own buildings and other structures upon an …
To the delight of residential tenants in Thailand, the Consumer Protection Board’s “Committee on Contract” has issued a notification that will make certain residential leases much more lessee friendly. Under the notification, published in the Government Gazette on 16 February …
Mortgages in Thailand may be granted over most any kind of immovable property provided that they are in writing and registered with the appropriate authority. Mortgages over real property are perhaps the most common form of mortgage, and Thai subsidiaries …
The Land Department (in Thai: กรมที่ดิน) is the government agency responsible for issuance of land title deeds, registration of real estate transactions in Thailand and land topography and cartography matters. As a matter of legal formality and for the legal …
The Thai legislature is currently considering a draft of a new Land and Building Tax Act (the Act) which would replace the current Building and Land Tax Act B.E. 2475 (BLTA) and the Local Development Tax B.E. 2508 (LDT). If …
How to benefit from our real estate practice A property transaction in Thailand not only involves “getting the deal done”, but also understanding what it is you want to get done, the risks – present and future – of getting …
Security is collateral that is provided to guarantee fulfillment of an obligation. The obligation is often a debt, but this is not always the case. The term "mortgage" is often used interchangeably with the term "security". From the perspective of …