Property Mortgages in Thailand
Property mortgages in Thailand operate under a civil law framework that provides lenders a real right of security over immovable property. However, unlike many Western systems, mortgages in Thailand are not market-driven commodities but legal instruments subject to strict procedural formalities, regulatory limitations, and foreign ownership restrictions. Understanding how property mortgages work in Thailand requires […]
Superficies in Thailand
Superficies in Thailand. In Thailand, land ownership by foreign nationals is restricted under the Land Code B.E. 2497 (1954). However, the Thai legal system provides for limited real rights over immovable property that can accommodate long-term use without conferring outright ownership. One such mechanism is the right of superficies. Codified under Sections 1410–1416 of the […]
Title Deeds in Thailand
Title Deeds in Thailand. In Thailand, title deeds are the definitive legal documents that establish rights to immovable property, especially land. They are issued and regulated by the Department of Lands under the Ministry of Interior and serve as the foundation of property law in the country. Understanding the types of title deeds, their associated […]
Usufructs in Thailand
Usufructs in Thailand. A usufruct (สิทธิบริโภค in Thai) is a legal right granted under Sections 1417-1428 of the Thai Civil and Commercial Code that allows an individual (the usufructuary) to use and derive benefits from another person’s property without owning it. This mechanism is commonly used by foreigners in Thailand to secure long-term property rights while circumventing land ownership restrictions. […]
Servitudes in Thailand
Servitudes in Thailand. In Thailand, servitudes are a legal mechanism that allows one property owner (the servient estate) to grant certain usage rights over their land to another property owner (the dominant estate). Commonly used for rights such as access, utilities, and drainage, servitudes are governed by the Civil and Commercial Code of Thailand. These […]
