30 year lease when buying a house in the wife's name?

[Trumpton]

Can a 30 year lease be taken out at the same time as the house is bought in her name so I'm sure if somewhere to live for the next 30 years if we split up?

[problemfarang]

i think its up to her age and occupation

also its not your wish how many years but bank decides that regarding to her age and work.

 

of course if your wife is around 30s age, she will probably get longer time. i would say can 25 or 30 yrs.

but im telling you.. the interest will be crazy.

 

im paying my new house 3 years now. and i just relized today that all the 3 years payment's literally 50% went to interest. so im paying for 3 years but its like i paid 1 year and 7 months... god.

[Delight]

 Thailand only recognizes leases of  30 years Max.

 

If this is in your wife's name then she can legally occupy the land for that period.

Thailand have land offices -not house offices.

The house sits on the land -the house is part of the same deal.

You will need to organize a usufruct so that you can live in the house until you die.

Official price for usufruct is 100 Baht.

After 30 years the landlord takes his/her land back.

 

The lease will appear on the reverse side of the Chanote (i.e. land title deed)..

Be careful  when dealing with Thai landowners

 

Technically you do need a lawyer -just a visit to the local land office of the landowner.

 

If you decide to employ the services of a lawyer then the only safe bet is a large business based in Bangkok.

expensive -but safe