Property Contracts

In Thailand, foreigners can’t own land. However, they’ve got the option to lease a property for a period of 30 years. At BLS, our legal experts will ensure that the lease agreement offers complete protection to you, and is registered appropriately.

In Thailand, foreigners can own a condominium, provided it falls under the foreign ownership quota, and there should be a money transfer into the country for the express purpose of buying a particular condominium. So, if you wish to purchase a condominium in Thailand, partnering BLS to complete all the necessary procedures, formalities, documentation, etc. is the right choice!

The Thai law doesn’t permit foreigners to buy land in Thailand outright, however, registering a Thai Limited companies allow foreigners to do so. Nevertheless, it is illegal to begin a shell company to own land in Thailand. There are many other legal intricacies involved in buying land in Thailand. BLS’s legal and technical expertise will help you throughout the whole process.

Performing a Title Deed Search is imperative before you go on to purchasing a property in Thailand. Performing this search will help you find out if there are any liens of the property, the type of property documentation required, and also if the seller of the property possesses ownership rights of the property.

Granting a usufruct to the usufructuary allows the usufructuary to possess and enjoy the benefits of the property involved. Besides, it also allows the usufructuary the right of management of the property.

Contracts are comprised of a lot of legal terms, and terminologies, and a lot of clauses, sub-clauses that may be beyond the comprehension of a layman. Drafting and understanding a contract requires a team of legal experts that will take you through the entire process of the contract. Besides, we also ensure that the contract is aligned with the client’s expectations and objectives.