Title Search in Thailand
Title Search in Thailand. A title search is an essential step in any real estate transaction in Thailand to verify property ownership and ensure that the title is free of legal issues, such as encumbrances or disputes. This process helps protect buyers from potential fraud, boundary disputes, or ownership claims. Title searches are conducted at […]
Property Lease in Thailand
Property Lease in Thailand. Thailand, a country synonymous with stunning beaches and vibrant culture, also offers a welcoming environment for those seeking to rent a property. Understanding Thai property lease agreements is crucial for a smooth and secure rental experience. Lease vs. Rental Agreement: In Thailand, the terms “lease” and “rental agreement” are often used […]
Servitudes in Thailand
Servitudes in Thailand. When buying property in Thailand, one crucial aspect to investigate is the presence of any servitudes. These, also known as easements in common law countries, are legal rights attached to land that benefit one property (dominant property) at the expense of another (servient property). A thorough understanding of servitudes can help ensure […]
Usufruct in Thailand
Usufruct in Thailand. Foreigners drawn to Thailand’s vibrant property market face limitations on outright land ownership. However, a clever legal mechanism called usufruct provides an alternative path to enjoying the benefits of property ownership. A usufruct grants temporary ownership rights, allowing foreigners to use and enjoy a Thai property for a specified period. In essence, […]
Property Market in Thailand
Property Market in Thailand. Thailand’s property market is a thriving, dynamic industry that draws in both domestic and foreign investors looking for profitable ventures. Thailand provides a wide variety of real estate options, from peaceful beachside villas to busy metropolitan condominiums, so there is something for everyone in the market. Thailand’s real estate industry has […]
Mortgages in Thailand
Although Thailand’s property ownership laws are becoming more open, mortgage options for foreigners who want to purchase residential and commercial properties remain limited. Nevertheless, there are some options available. For example, UOB has a loan facility that’s exclusive for foreigners who buy condominium units. Meanwhile, ICBC and MBK Guarantee offer financing to buyers from Singapore, […]
Common Real Estate Problems in Thailand
Real estate law in Thailand is not heavily regulated and this can lead to some unscrupulous activities. For example, foreigners are not allowed to own land outright but they can purchase condominium units. More serious cases of property fraud involve encroachment on protected reserves or development of land that is illegally classified as state-owned. Less […]
Buying a Real Estate in Thailand
If you’re thinking of buying a real estate in thailand, you’ll be happy to know that the country has strong property ownership laws and a secure title system. This makes it a great place for investors. Foreigners can own condo units in Thailand, but not the land on which they are built. To purchase land, […]
Property Taxes in Thailand
Investing in real estate can be an exciting venture, and Thailand has long been a favored destination for property investments. As an investor or homeowner in Thailand, understanding the intricacies of property taxes is crucial. In this article, we will provide a comprehensive guide to property taxes in Thailand, including the types of taxes, their […]
Property Title Transfer in Thailand
Property title transfer in Thailand involves the process of legally transferring ownership of a property from the seller to the buyer. Here are the general steps involved in the property title transfer process in Thailand: Sale Agreement: The first step is to enter into a sale agreement with the seller, which outlines the terms and […]