The Carters

4 minutes ago, sirineou said:

Why would the price double after he has the deed? is it because before he gets the deed there is significant danger?  

I think your "friend knows, which is why he is offering the discounted price now. also that he might need the money now, but knows you will not make the move unless there  there is an advantage for you to do so now.

How good a friend is he? How much do you trust him, How risk averse are you? No need to answer any of these question, except only to yourself. I am sure a legal lease agreement can be accomplished, just make sure you do it professionally. 

All very good questions! Thank you!

Hi

Hoping someone on here can help us. We have a friend in Thailand who has offered us a 30 year lease on a 1 Riel plot of land near Pai. 

It is farm land with no dwellings on it.

Whilst the cost is fairly minimal (around €4000) he has said he does not have the land deed as yet, & once he does the price will double. 

Our thoughts are that we could build a house on the plot, ideally a sustainable one that we could heat, cool etc via solar.

Putting aside whether it's a good idea or not (still to be completely convinced on that!) There are a couple of practical questions we could do with some help with.

Is it even possible to complete this transaction whilst not in Thailand? We're stuck on the UK until May at the earliest.

Does the fact he doesn't have the land deed at present mean he doesn't officially own the land? In which case would a leasehold signed prior to the deed being available invalidate it?

Thanks in advance.