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Usufruct in Thailand

Usufruct in Thailand

What is a Usufruct in Thailand? A usufruct is a legal right given to a person or party called the usufructuary.  It is an ownership right to use, enjoy and manage someone else’s immovable property. This comes with the advantage of deriving income or benefit from it as long as the property has no damages or […]

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Due Diligence

Due Diligence on Thai Property Purchase

Investing in real estate certainly involves a huge amount of money.  We cannot deny that there are some fraudulent dealers and developers taking advantage of naïve investors.  Therefore, investors must take extra precaution before finalizing any transactions.  Due Diligence is a useful tool for estimating the status of a prospective project and the developer. What […]

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Foreign Condominium Ownership in Thailand

Foreign Condominium Ownership in Thailand

Foreign Condominium Ownership Non-Thai nationals can own a condominium under their names upon presenting all the correct evidences and that the foreign ownership ratio does not exceed the “foreigner quota”.  A condominium building can only sell 49% of the total space of all units within a condominium building to foreigners and register the condominium ownership under their […]

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Thailand Leasehold System

Thailand Leasehold System

Thailand Leasehold System The Thailand leasehold system is a system of property tenure wherein a person acquires the right to occupy a particular land or building for a pre-determined period of time by paying a fixed sum or in instalments.  The owner of the building or land (landlord), hands over temporary possession and occupation of […]

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