What is the difference between Superficies and Usufruct is one of the most frequently asked questions for the real estate investor. This article is going to give you the main differences of the rights and duties between them. Ownership Rights and Rights of Use Superficies gives you the ownership rights above the 'BUILDINGS'. It means, [...]
Usufruct is one of the real rights under civil and commercial code of Thailand (CCC). In this article we are going to give you essential information about it, including meaning, period of time, compensation assignment and inheritance etc. Meaning Usufruct means rights to the possession of an immovable property, including use and enjoyment. Also, [...]
This article brings you news about Land and Condo Registration Fee. Following successful reform by the past, on January 18, 2022, the Government Gazette website published the Ministry of Interior's announcement on Collection of fees for registration of rights and juristic acts under the Land Code . Effective from 18 January to 31 December 2022, [...]
In this article we are going to give you essential information about habitation in Thailand under the Civil and Commercial Code of Thailand (CCC). This right is an optional personal real right of having a right to occupy and use a building as a dwelling place. Meaning Thai law doesn’t give the definition of [...]
As you may well know, foreigners aren’t allowed to have the ownership rights above the land. But that doesn't include the house and building upon or under the land! This article we’re going to talk about Rights of Superficies which separate the ownership rights between the land and the building upon or under it. [...]
Yellow Book Definition Yellow book is one type of the Household Registration Book or so-called “Tabien Baan”. It's issued by the District Office or the Local Municipality shows those who live in and have domicile in the house or Condominium. Typically, there are 2 types of Household Registration Book which are (i) Blue Book [...]
After reading "5 Steps to Understand When Buying Real Estate in Phuket", finding and doing the Due diligence on the property, the contract is signed, it is the time to transfer the ownership of the asset. But which way to use when an option is possible? Go to the land department or go to [...]
Covid crisis and all its negative effects have pushed the Thai government to search for an economic solution, and some go through Foreigners investment. Laws and regulations on land ownership for foreigners could, if the value of the house and land is at least 10 million THB, allow foreigners to buy and own a [...]
Easement in Thailand is the Servitude Rights. It is often involved when buying Land whether in Phuket or somewhere else in Thailand. The Understanding of servitude be useful when buying land. Whether leasehold or freehold land. This article gives essential knowledge about ‘Servitude’ under Thailand law. Servitude Definition Firstly, in order to understand the meaning [...]
If you have already read the Condo freehold sale and purchase contract one. This freehold land and/or house sale and purchase contract (S&P) is mostly the same as they are a real estate contract of sale. But, details in step 1 to step 4 are different. Above all, this article is not a DIY [...]