Longwood50 Posted May 22, 2023 Share Posted May 22, 2023 A person has a home and extra lot. The two are on separate chanotes. I am interested in purchasing the vacant lot to build on. I know I can't buy the company since that would include both properties. What is the procedure for a company to sell just one Chanote. Is it easier if the person purchasing goes into Thai name or another company name or does that not make a difference. Link to comment Share on other sites More sharing options...
FriendlyFarang Posted May 23, 2023 Share Posted May 23, 2023 (edited) I don't see how the number of chanotes is relevant to this. A company owns land. You want to buy this land. As a foreigner you obviously can't own land, so you would either have to buy it in the name of a Thai person or a majority Thai owned company. Buying it in a Thai person's name is easier, but if you buy it in the name of a company of which you hold 49% then it's at least legally partially yours. Edited May 23, 2023 by FriendlyFarang 1 Link to comment Share on other sites More sharing options...
Longwood50 Posted May 28, 2023 Author Share Posted May 28, 2023 On 5/23/2023 at 9:13 AM, FriendlyFarang said: I don't see how the number of chanotes is relevant to this. A company owns land. You want to buy this land. As a foreigner you obviously can't own land, so you would either have to buy it in the name of a Thai person or a majority Thai owned company. Buying it in a Thai person's name is easier, but if you buy it in the name of a company of which you hold 49% then it's at least legally partially yours. It is relevant. He has two chanotes inside the company and I only want one of them. He has a vacant piece of land, and a chanote that has a home on it. I only want the land. I can't buy his company because that means I would own both Chanotes. Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now