We are looking to buy a house in a moo ban. The agent says that the name on the chanote (ie. the owner of the land) is Thai, but that the chanote also specifies ownership of the house on the land - this being owned by a foreigner. Nothing is owned by a company, apparently.
The agent says that on transfer, 3 parties would need to be present ie. the Thai land owner, the foreign house owner and the buyer (NB. buyer is Thai).
Is this relatively "safe" and straightforward vs. say, just buying from a Thai who owns both land and house? Thinking I may need to use a lawyer whereas I wouldn't bother if it was just a Thai name on the chanote...
Many thanks