We have heard so much about residential leases over the past few years, and most investors are now familiar with the 30 year lease agreement which can be registered at the land office. What about a lease for commercial premises? Under the Civil & Commercial Code, leases up to 50…
Articles by Thailand Property Lawyers
The property real estate industry is unregulated here in Thailand, so the key question is what should you look out for when using an agent? I have had many potential property clients over the years asking me for recommendations, and to be honest I don’t really have any. I always…
Over the past few months, I have received so many email enquiries, from potential clients asking me if the Thailand property sector has improved. Considering that the world economy has slowed down somewhat, it is safe to say that Dubai was worst hit with a 40% drop in property prices,…
Many buyers always seem to pay the initial deposit or reservation fee without even checking the main Purchase Agreement or even reading the Reservation Agreement. Ideally the initial reservation deposit should only be paid if the actual Reservation contract states “ refundable in the event of a fundamental legal technicality…
Two Acts that will probably have the most significant effect on foreign investment in Thailand, or foreigners residing in Thailand, is the recent Condominium Act and the Escrow Act. The new Condominium Act provides greater protection for buyers of condominiums in terms of giving more rights to buyers and restricting…