Thai Will and Succession
Planning for the future is a vital part of protecting one’s assets and ensuring that property is distributed according to one’s wishes after death. In Thailand, the laws governing wills and succession are set out in the Civil and Commercial Code (CCC), Book V (Sections 1599–1755). These laws apply to both Thai nationals and foreigners […]
Intellectual Property in Thailand
In today’s knowledge-based economy, intellectual property (IP) is one of the most valuable assets for individuals, businesses, and organizations. Thailand recognizes the importance of protecting creative works, inventions, brands, and designs to encourage innovation, attract investment, and promote fair competition. The country has established a comprehensive legal framework to safeguard intellectual property rights, with regulations […]
Buying Property in Thailand
Thailand’s real estate market is vibrant and diverse, offering a wide range of opportunities for both local residents and foreign investors. From luxurious beachfront villas in Phuket to condominiums in Bangkok’s bustling city center, property ownership in Thailand can be an attractive investment and lifestyle choice. However, purchasing property in Thailand involves navigating a unique […]
Property Title Transfer in Thailand
Buying property in Thailand is one of the most significant financial and legal decisions a buyer can make — whether for residential, commercial, or investment purposes. However, many buyers overlook a crucial part of the process: the property title transfer. This legal procedure is not merely an administrative formality; it is the official act that […]
Sales Contract Review in Thailand
Entering into a property or business transaction in Thailand involves a significant financial and legal commitment. Whether you are buying real estate, goods, or services, a sales contract is the cornerstone of the agreement between the buyer and seller. It outlines the terms, rights, and obligations of both parties. However, misunderstandings or overlooked clauses in […]
Property Due Diligence in Thailand
Property due diligence is one of the most critical steps in any real estate transaction in Thailand. Whether purchasing land, a condominium, or commercial property, conducting a thorough investigation before finalizing the deal can prevent costly mistakes and legal complications. With Thailand’s complex land ownership regulations and varying property rights, proper due diligence ensures that […]
Property Leasehold in Thailand
Property Leasehold in Thailand. Leasehold property is a popular method for foreigners and businesses to gain long-term access to land, villas, apartments, or commercial spaces in Thailand without owning the property outright. Leasehold rights provide a secure form of property tenure that allows lessees to use and enjoy the property for a specified period under […]
Escrow Accounts in Thailand
Escrow accounts in Thailand serve as a secure mechanism to facilitate transactions, particularly in real estate and other high-value dealings. Managed by neutral third parties, these accounts protect both buyers and sellers by ensuring that funds or assets are released only when predefined conditions are met. Governed by the Escrow Act B.E. 2551 (2008), escrow […]
Usufructs in Thailand
Usufructs in Thailand. The Thai property market caters to a wide range of interests, attracting both those seeking to purchase property outright and those interested in temporary use rights. If you’re considering enjoying the benefits of a Thai property without the full commitment of ownership, a usufruct might be the perfect solution. Let’s explore what […]
Property Market in Thailand
Property Market in Thailand. There are difficulties in Thailand’s real estate sector even with its expansion and promise. Factors like excess inventory in specific regions, erratic real estate values, and intricate legal matters may affect the profits and returns of investors. Thailand’s real estate industry has grown steadily throughout the years, propelled by elements including […]