Buying a Property in Thailand
Although purchasing a home in Thailand might seem like a simple procedure, it is crucial to be aware of the relevant laws and guidelines. To assist you in the procedure, the following details are provided: Foreign ownership: According to Thai legislation, foreigners are permitted to acquire condominiums outright but not land. However, a building constructed […]
Contract Review in Sale and Purchase Contracts in Thailand
Before concluding a purchase or sale, you need to review the sale and purchase contract. Often people take a sample contract and make modifications to it. When preparing a sales contract, make sure to verify all information on the property and any environmental regulations and government permits. Incorrect information can lead to legal issues later […]
Thailand Property Due Diligence
As a buyer in Thailand, due diligence is essential before you purchase a property. You need to make sure the seller is an actual owner of the property. It is advisable to conduct a physical inspection of the property before you make your purchase. The following steps will assist you in performing your due diligence. […]
Property Title Search in Thailand
To understand the importance of a property title search in Thailand, it is important to understand what it entails. This search allows you to see the history of a property, including who first owned it and who has owned it since. Historical speaking, all land in Thailand is owned by the King. The first time […]