Property
New Mortgage Laws Impose Hurdles For Mortgagees
Mortgages in Thailand may be granted over most any kind of immovable property provided that they are in writing and registered with the appropriate authority. Mortgages over real property are perhaps the most common form of mortgage, and Thai subsidiaries …
What is the Land Department?
The Land Department (in Thai: กรมที่ดิน) is the government agency responsible for issuance of land title deeds, registration of real estate transactions in Thailand and land topography and cartography matters. As a matter of legal formality and for the legal …
Proposed Amendments to Thailand’s Land and Building Tax Laws
The Thai legislature is currently considering a draft of a new Land and Building Tax Act (the Act) which would replace the current Building and Land Tax Act B.E. 2475 (BLTA) and the Local Development Tax B.E. 2508 (LDT). If …
Real Estate in Thailand
How to benefit from our real estate practice A property transaction in Thailand not only involves “getting the deal done”, but also understanding what it is you want to get done, the risks – present and future – of getting …
Mortgages and Other Forms of Security Under Thai Law
Security is collateral that is provided to guarantee fulfillment of an obligation. The obligation is often a debt, but this is not always the case. The term "mortgage" is often used interchangeably with the term "security". From the perspective of …