Usufruct in Thailand
Usufruct in Thailand. In Thailand, a usufruct is a legally recognized real right that allows a person to use and benefit from another person’s property without owning it. This concept is particularly important in Thailand’s property landscape, especially for foreigners who face restrictions on land ownership. Through usufruct, individuals can legally occupy land, live in […]
Title Search in Thailand
A title search in Thailand is one of the most critical steps in any real estate transaction. Whether purchasing a condominium, house, villa, land plot, or commercial property, buyers must verify the legal status of the property before signing contracts or transferring funds. Unlike jurisdictions where ownership and encumbrances may be verified through centralized online […]
Escrow Accounts in Thailand
Escrow Accounts in Thailand. Escrow is a neutral, contractual mechanism where a third party (the escrow agent) holds funds, documents or other assets until pre-agreed conditions are met. In Thailand the framework for formal escrow arrangements is statutory — parties can use escrow to reduce counterparty risk in property pre-sales, construction and project finance, M&A […]
Intellectual Property in Thailand
IP law and enforcement in Thailand is rapidly evolving. Staying on top of changes is essential to ensuring your company’s IP agreements and practices comply with the latest regulations. Intellectual Property in Thailand include patent inventions, petty patents, trademarks, service marks, collective marks and copyrights. Businesses planning to operate in Thailand should consider registering their […]
Buying Property in Thailand
It is important to work with reputable property developers (if buying off plan), real estate agents, and lawyers familiar with Thai property law. Contracts may differ from international standards. Conduct a thorough title search to verify land ownership, investigate any encumbrances, and ensure proper zoning and planning codes. Also consider getting a building survey. Condominiums […]
Thai Will and Succession
A foreigner who owns property in Thailand will need to make a Thai Will and understand succession law. This is important because a properly drafted Will can save heirs time and money. Succession involves distributing inherited assets and estates among the testator’s heirs and devisees. It can be done either through a will or statutory […]
Property Title Transfer in Thailand
Property Title Transfer is a vital part of any real estate transaction. It ensures that a buyer’s ownership is verified and recorded, and protects against future disputes and legal issues. Getting your land title transferred correctly is essential for complying with Thai property law and protecting your investment. Conducting thorough due diligence, ensuring tax and […]
The Importance of a Sales Contract Review in Thailand
A Sales Contract Review is a process that helps you understand the law and ensures that your property purchase in Thailand is legally valid. It also identifies any hidden clauses and reduces liability for both parties. A legal contract review ensures that the information in the contract matches title deed records and government regulations. It […]
