The Land Reform for Agriculture Committee made a landmark decision on Thursday, to change the Sor Por Kor 4-01 land certificates into land title deeds, which can be used as collateral against loans from state and commercial banks, with the first set of deeds tentatively to be distributed to farmers by January 15th, according to Agriculture and Agricultural Cooperatives Minister Thammarat Prompao.

 

He said that, even if the Sor Por Kor 4-01 land certificates are changed into land title deeds, there are, however, conditions attached, with which farmers who own land will have to comply, such as the requirement that the land be used for agricultural purposes and can be sold only to farmers who are qualified to own it.

 

Farmers who are entitled to have their Sor Por Kor 4-01 land certificates converted must prove that they have used their land for agriculture for at least five years. There are about 1.6 million farmers with about 2.2 million Sor Por Kor 4-01 land certificates, covering about 3.52 million hectares of land, who are qualified to receive land title deeds.

 

Full story: Thai PBS 2023-10-13

 

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The farmers will still be broke... regardless of the "title deed"

can a house be built on land to live in

2 hours ago, hotchilli said:

The farmers will still be broke... regardless of the "title deed"

I suspect worse, they will take on debt!

"the land be used for agricultural purposes and can be sold only to farmers who are qualified to own it."

Anyone know what qualifies a farmer to buy such land ?

21 hours ago, jacko45k said:

I suspect worse, they will take on debt!

Absolutely, new title deed in hand I own land, off to the bank... can I borrow??

 

21 hours ago, cracker1 said:

"the land be used for agricultural purposes and can be sold only to farmers who are qualified to own it."

Anyone know what qualifies a farmer to buy such land ?

They like to play with lighters as we will see that the upcoming months. Or rather smell.

Edited October 15, 20232 yr by Captor

Here it comes, environmental carnage.

On 10/14/2023 at 5:35 AM, hotchilli said:

The farmers will still be broke... regardless of the "title deed"

These same title deeds have been promised before, more times than I've had coffee. Nothng ever eventuates.

 

Wait and see.