Property Mortgages in Thailand. A mortgage (จำนอง) under Thai law is a contractual security interest, governed by the Civil and Commercial Code (CCC), Sections 702–756, and registered at the Department of Lands. The mortgage provides the creditor (mortgagee) with a right in rem over immovable property, enabling them to enforce the debt against the property […]
Intellectual Property (IP) laws in Thailand, including patents, trademarks, copyrights, and trade secrets provide a legal foundation for protecting businesses’ intangible assets. The Department of Intellectual Property, under the Ministry of Commerce, administers these laws. A registered trade mark protects symbols, colors or other devices that distinguish your business’ products from those of others. Registrations […]
Property title transfer is a crucial step in the real estate process in Thailand. It verifies the new buyer’s ownership and establishes rights and restrictions that may be associated with the land. It also serves as a requirement for securing financing and complying with Thai law. To ensure a smooth transaction, it is best to […]
A Sales Contract Review is a legal procedure that strengthens your position, prevents legal disputes and ensures a successful property purchase. A professional will review the contract for hidden clauses, and check that the information mentioned in the contract matches with title deeds and government permits. They will also recommend ownership structures that will suit […]
Property Due Diligence in Thailand involves examining numerous factors, including the property’s legal ownership and zoning regulations. It also includes conducting a background check on the seller or developer. The primary method of verification is an official search of the title deed at the local land office. This search will reveal any registered mortgages, servitudes, […]
A will is a document that stipulates your wishes for the distribution of your assets upon death. It is important for both foreign nationals with assets in Thailand and Thai citizens with international assets to create a legal will that complies with Thai law. A will can specify heirs for local assets including property and […]
Navigating trade disputes requires cultural sensitivity and understanding of Thai business customs. A variety of factors can lead to trade disputes, including contractual disagreements, intellectual property Thailand violations, and regulatory non-compliance. Effectively resolving disputes can help businesses maintain stable trading relationships. This article explores negotiation, mediation, arbitration, and litigation as dispute resolution mechanisms in Thailand. […]
Navigating the realm of foreign employment requires a thorough understanding of labor regulations tailored for non-Thai citizens. These laws cultivate a symbiotic work environment that thrives on mutual respect and productivity. In the event that a conflict arises, both parties are encouraged to resolve it through their internal grievance procedures. If this is unsuccessful, matters […]
The prospect of owning a piece of paradise in Thailand is appealing to many. But before making that dream a reality, it is important to understand the legal framework and the pitfalls to avoid. Understanding and navigating the various taxes involved is essential. These include a transfer fee (often shared between buyer and seller) and […]