Thai property services

Buy land / house information

Foreigners can not own land in their own name in Thailand. A Thai woman married to a foreigner can own property in her name. Foreigners, by consulting with a Thai lawyer, can form a company which can own land and property. The company issues shares, of which the foreigner owns 49% - and the foreigner is designated as the Director of the company

Click here! for more detail

 

Buy condominum information

The rules for selling or purchasing Condos will change April 27, 2004. After that date, if more than 49% of the Condominium units in a Condo building are owned by foreigners, Thai persons cannot sell their unit in that building to a foreigner and put in a foreigners own name. Foreigners can sell their units to anyone - the restriction applies only to Thai persons. The current rule allowing foreigners to own up to 100% was a special waiver of the “old” rule limiting foreigner ownership to 49%, was put into place during the currency crisis, and was renewed each year. That “special waiver” was not renewed this year.

Click here! for more detail

 

 

Tila Legal property services

1) Title search   

Scope of services:

• Conducting a search on the title and relevant documents of the land.
• Ascertaining that the title document is in order.  
• Ensuring that a seller is the current owner of the land.
• Confirm the lack of mortgage on the property, and the lack of further encumbrances, if any, on the land.
• Check actions against the seller in both local courts and the Central Bankruptcy Court.
• Verifying whether there is any restriction on the development of the land.

2) Prepare the sale and purchase agreement

Scope of services:

• Verifying the sales agreement.
• Providing comments on clauses of the sales agreement.
• Negotiate modifications as needed to protect your interest.

3) Registration of transfer ownership

Scope of services:

• Preparing the application and supporting documents required for the registration of the transfer of ownership of the property for you as a foreign buyer.
• Registering, on your behalf, at the Land Department.

4) Registration of Thai limited company for land ownership

Scope of services:

• Draft, review and registration of the Objectives and the Articles of Association
• Obtain the Company Registration Certificate and Affidavit
• Apply for Taxpayer Identification Number
• Translate the company registration documents, such as the Certificate of Incorporation and the Articles of Association into English.
  

If you wish, complete the online form below and press submit, we can usually guarantee a response within 24 hrs giving you an approximation of cost and requirements etc.

 

 

 

Name & Nationality:

Your Email Address:

Telephone number:

Subject:

 

If you wish to buy a Thai property, Tila with our English speaking staff and years of experience dealing with the expat community can assist you in a successful and secure property transaction. Our team will quickly assess your needs and recommend to you the best course of action for your stay in Thailand.