Land ownership in Thailand is a right exclusive only to Thai nationals. This notwithstanding, foreigners desiring to acquire some lands are not left without options. There are a number of legally sanctioned ways to acquire interest over lands in the Kingdom. However, most foreign nationals are only aware of company…
Jenny leased a piece of property from Dennis. Dennis subsequently sold the property to Nina. What happens to Jenny’s rights to the property? The answer is that Nina will be bound by Jenny’s real lease rights only. Under Thai law, if land or immovable real estate property is transferred during…
Is it worth investing in pre-construction condominium projects? This question becomes even more significant in the recent surge of consumer cases against developers of uncompleted and stalled condominium projects in Thailand. If you are a potential investor, it is prudent to initially weigh the pros and cons as well as…
Due diligence is defined in legal circles as the diligence reasonably expected from and ordinarily exercised by a person who seeks to satisfy a legal requirement or to discharge an obligation. In terms of purchasing property, due diligence refers to the care a reasonable person should take before entering into…
Jenny leased a piece of property from Dennis. At the end of the lease term, Jenny decides to remain on the property. How long can Jenny stay on the property if Dennis does not want Jenny on the property? The answer is two months or less. Should the lessee remain…