Jump to content

Eminent Domain

Recommended Posts

Hypothetical case:

Farang A leases land from a thai national B for 30a with prepaid option of leasing another 30a.

A pays 1000000 baht, the contract states 500k for the first term, 500k for the option on 2nd term.

A has a house build on the land for 2000000 baht.

2a into the first lease term the government decides it needs to build a road or airport on that piece of land and expropriates B.

Does A get any compensation from either B or the government?

Link to comment
Share on other sites

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 account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Recently Browsing   0 members

    • No registered users viewing this page.

  • Create New...