The Use Of Ususfruct

That's an interesting account... And, given the random way banks operate in Thailand, I'd say it was entirely possible, though probably not the common position of the lending Thai bank...

But it begs the question, which Thai bank was it that encouraged you to have a usufruct on the purchase transaction and, I gather, actually accepted one as part of the mortgage and sales paperwork???

just an update,

went to the Land dept, this morning.. spoke to the big guy..

according tto him there isno reason a usufruct cannot be registered at the same time or before or after a mortgage,, in fact he has allowed such registrations,,

it depends on the agreement between the parties involved..

as with my case several yearsa ago thebank suggested the usufruct to further protect myself and them as thye knew it was my money that was the (significant) deposit.