> Usufruct - Property ownership & leasing

What are the legal aspects of Usufructs, Superficies and Habitation Laws. If you plan to purchase land and erect buildings on it, then a few things you should be aware of as a foreign to protect your rights. Firstly a foreigner cannot own land. You may pay for it, but the land must be registered in the name of Thai national or Company. You may purchase and own the buildings, but that sits on the land you cannot own. Pause for thought at this point and ponder. If you have a Thai spouse, purchase land and erect buildings on that land, in the event your wife deceases, then the Government allows the foreigner a period of 12 months to register the land in an…

I am going to do a usufruct soon, I have asked the services of a lawyer agency (an international agency based from Bangkok, they seems to have good reputation). The services include writing the contract (from they template I presume), perform land transfer to the owner, register the usufruct. Basically they'll handle everything. The service is more than 200,000 THB. I was wondering if this is in the proper range, or if this is really abusing and too expensive?

Tips for renting condos in Thailand. If possible, try to pay 1 month’s rent and one months security deposit. Avoid the dreaded 2 month deposit. If an agent is acting as the landlord for the condo rental, make sure you see a valid power of attorney with the owners ID card or passport, and house registration. You want to make sure the agent has been given the authority to rent the condo on behalf of the owner. Make sure the lease contract is clear. Sometimes, English lease contracts are bad translations of a Thai version. This is important for clarity if there is ever a dispute. If you get a contract with an English version and a Thai version, mak…

Hi guys My wife and I are based in the UK. We have been given the opportunity to purchase a plot of land which is currently for sale but we wont actually be back in Thailand for a few more months. If we decide to go for it, my wife has suggested her Sister would buy in her name and then transfer the chanote into my wife’s name when we are in country. Sounds simple enough, but then I was thinking, wouldn’t that mean we’d have to pay the 2% land tax twice? Initially when her sister “buys” the land and then again when it’s transferred into my wife’s name? It’s not mega money we’re talking (and from what my wife has said the seller is potentially prepared to pay the fees…

Hi, I have read the information about the options to be able to stay in a house as a foreigner, even if we don't own it, without the fear to get evicted (to some degree at least :) ) Other than a usufruct, a popular option is to open a company. I think I understand: - it should be a Thai Limited Company type - I should have 2 other Thai owners, they will have a combined 51% rights, while 49% for me - I can register the house with the company and therefore stay in it as long as the company exists Now the questions: - How long would it take to get the company and house paperwork settled? - I wasn't planning to open a business as I am …

If this passes is 1 Rai of land ownership likely to be .. significant? "The Centre for Economic Situation Administration (CESA) ... ..agreed in principle on a proposal to allow foreigners to hold land ownership of one rai for residential purposes." "The Land Department has been tasked with studying the feasibility for two months, then making a proposal to CESA for reconsideration." https://www.bangkokpost.com/property/2251535/foreign-property-lures-are-rejected

Attention @Faz and any member who has gone through the land purchase process and may have helpful comments. Early 2014, soon after meeting and committing to my now Thai wife, Tas, and with the help of her father, a hugely respected village figure (a builder, too, which was more than handy!), we bought the 2/3 rai of land on which our house was immediately built and in which we have lived since then. The selling couple (Mr & Mrs 'Nice Guy', as we know them!) were our near neighbours and on very good terms with Tas and her dad, whilst Tas would be the buyer. Because of the friendship and trust existing behind the purchase, it was a year or so later that both p…

How important is the actual paper copy of the chanote? Is it easy to replace if, for example, it was lost in a fire.