paddypower

I read the sample Servitude Agreement, at the website you referred to (it is very short) . To clarify what i understand, I will need a lease between us and the company to lease the land and a Servitude Agreement as well, which will get registered on the Chanoet title. Is that correct? tia.

thanks again. you might be interested to know that we bought an apartment under a 30+30 in 2003. Lost the title entirely, in Court where it was deemed to be a sale, without being registered as such. Although the lease was registered against the project building, in Phuket, the Lease declared invalid. When we arrived in 1996, that was a very common type of lease and was allowed to be registered. I wonder what will happen, for anyone else unfortunate to end up in a legal dispute with the land owning company.

That website you referred me to is the one I have been looking for. Thanks !!

wow! that's a zinger, a great find. I don't know what my buddy did. I did offer to check it out - but nah. You know, some people will jump into a swimming pool full of sharks and assume that they can swim faster. My situation is straightforward: we are an ex pat couple, who want to register a lease against the chanoet, which is held by a 100% Thai owned company. I maintain pre-signed share transfer forms and up to date ID cards. I will structure it so that the lease expires after we both die. If an expat wants to buy it, he/she will buy the company and our estate will avoid the majority of capital gains taxes. If a Thai national wants to buy, they will want the land, not the company. In that event, the company will bite the bullet on corporate taxes (which are incredibly low here, by comparison with other countries). This is all a bit off the cuff thinking. I will spend more time doing my due diligence, once I have a sample lease to work with. Also, we are blessed with having a superb company/personal tax accountant.

there is some really basic information missing from the OP. Without it, I would hesitate to offer any advice. Assuming he has filed company audited financial, tax returns and SBD filings, he mush have an capable accountant. He/she is the person to seek advice from, not here at Aseannow. My 25 years' experience in holding and/selling property in Thailand, is to have the company hold the land and have the house owned personally, to take advantage of the residency tax rules (assuming that they are applicable). Get professional advice, for heavens sake.

that's a good point: i am getting 25k right now, for a house that has a 10 year history of renting for 45-50k/month, on an annual basis. 'New Normal' .

6% rental yield in Samui? Not any more, I suspect. Altho' you may not like it, I suspect a realtor may be of use to you, unless you know how present value discounting works. In the end, the price you will get is what a willing buyer and seller agree on; not just what you think. Also, you do have to consider that you have a deadline, which will become more of a motivating factor, for you, as time passes by.

Hi, you seem to be familiar with legal paperwork. An ex-friend used an on-line Thai law firm which offers generic Thai/English land leases, to secure himself in the situation where he bought land in the wife's name. Have you ever heard of such a law firm. tia.

agreed, 100%. in my case the developer and his lawyers were the shareholders and directors. Incidentally that is how they illegally sold the land site on which our apartments sat.

can someone direct me to a law firm which offers standard-worded (but editable) land leases, please? they used to advertise on here, in the past. tia.

quote your source, please. Assuming you are saying that the retiree is an expat, that's simply not true. me and my 'spouce' 555 are retired but cannot own land.

I'm not sure if the OP is saying his wife is a director and or a shareholder. If she is neither, I think that she is not responsible for the non-filings. That is based on my experience where our property investment group was supposed to use a management company, which was set up by the developer, but was left inactive for approx. 10 years. It never filed any reports. Since none of us were connected with it, I instructed the lawyers to do nothing. 5 years later, there has been no blow-back.

no loss to see anything to do with the fox fascist family gone. one thing which turned my crank, (as a 30 year subscriber) was to see Nat Geo sell out their video division to fff.

Just got the referral: it's TVfarang.com. there appears to be a stumbling block: you have to subscribe using Paypal, which i have avoided signing up for, for years. Nonsensical attitude, I know, but there you go.

First time i am considering subscribing to a service which was recomm3ended to me, but I cannot find it. This fellow whom i met, but who has limited english, described his service this way: he bought a box for 2,000 baht and pays 5,000 baht a year for the service. The service covers netflix, sports and various channels (hes French) so I don't know if that includes BBC etc. I want to watch the Rider Cup and rugby. Any recommendations, please. I have a 2020 smart tv (android).

the only guidelines I can find say use itunes. I'm lost.

my model is the Pro 6. and, most unfortunately, it slipped out of my hands, cracking the screen. I also need a new battery, which does not hold its charge. The warranty is invalid. need help - love my Surface ????