Important news on house purchase

[sevinnow]

Quote from the Editor of the "Pattaya Mail"

A foreigner may legally purchase, together with his Thai wife land or property not exceeding 1 Rai which is duly purchased as marital property-that is that both parties are legally married and documented at the Local Amphur.

Note: ( Not married on Jomtian Beach with a party at Happy Bar Soi 9)

The purchase must be jointly held and cannot be solod without the other partners signature, nor can either force the other out of the residence without compensation.

The foreigners name will never be on the actual Title Deed but a memorandum is attached to it indicating his legal attachment to the owner.

Now that is refreshingly good news!!  As it is also confirmed by a Law Firm.

Sev  

:laugh:

[dr_Pat_Pong]

How about posting the legal opinion Sev. Reliance on any newspaper info' is too unreliable. As I understand the law,

as it now stands, a foreign spouse has to renounce all &

any rights to the property prior to acquisition.

[sevinnow]

Agree with that Dr,  maybe the article states that an attachment to the Title Deed is only valid if the Marital status is legal, registered at the Local Amphur.

Sounds very similar to a Lease agreement but a lot more enforceable bebause of the legal attachment.

I have confirmation from a Law Firm to this in emai.

Sev