Nor Sor 3 Khor is a type of title and land certificates with each representing different degrees of ownership and claims over a parcel of land.
Read MoreIt has been established that foreign nationals are not allowed to own land in Thailand and this led some of them to circumvent the law and have Thai nominees to own land in their behalf.
Read MoreThe Thai legal system is relatively lax in terms of rent control and regulation as the country’s legislature has yet to pass a more detailed statute that will adequately address the relationship between landlord and tenant.
Read MoreA Superficies is defined as a transferable and alienable right of interest in land to own or acquire buildings or constructions made on or above the land of another for a specific period of time.
Read MoreForeign property acquisition remains a heavily controlled area of activity in Thailand in view of the various restrictions and limitations imposed upon foreign property investors.
Read MoreUnder-declaring the value of properties is a recognized form of tax shelter scheme practiced not only in Thailand but in other countries as well.
Read More