salavan Posted January 11, 2012 Share Posted January 11, 2012 hi can anyone tell me how old a thai national has to be before they are allowed to buy property for themselves in their own name and be the full owner (assuming they have the money to do so) im getting a lot of conflicting answers from lawyer thanks Link to comment Share on other sites More sharing options...
Semper Posted January 11, 2012 Share Posted January 11, 2012 30-35? Younger than that I can't see how they could have saved money enough to by some property. Link to comment Share on other sites More sharing options...
Beetlejuice Posted January 11, 2012 Share Posted January 11, 2012 A Thai person gets full ownership of a property at age 21. Link to comment Share on other sites More sharing options...
farang000999 Posted January 11, 2012 Share Posted January 11, 2012 i am sure there are some exotic trusts for minors is that what you have in my mind old chap Link to comment Share on other sites More sharing options...
GooEng Posted January 11, 2012 Share Posted January 11, 2012 hi can anyone tell me how old a thai national has to be before they are allowed to buy property for themselves in their own name and be the full owner (assuming they have the money to do so)im getting a lot of conflicting answers from lawyer thanks Look in the property forum, I posted as topic about this as I am thinking of buying a house and putting it in my sons name. Some interesting answers Link to comment Share on other sites More sharing options...
ludditeman Posted January 11, 2012 Share Posted January 11, 2012 (edited) Can own property outright from the day born. From age 0-20 can only sell property with court order (which is unlikely to be issued) Can sell property at age 20 (or borrow money) Some may claim 21 as the age of maturity, but this does conflict with other Thai laws where children are considered owned by their parents until age 20. Edited January 11, 2012 by ludditeman Link to comment Share on other sites More sharing options...
naboo Posted January 11, 2012 Share Posted January 11, 2012 Some may claim 21 as the age of maturity, but this does conflict with other Thai laws where children are considered owned by their parents until age 20. Can we as Farang own a child? A Thai one? Surely that's got to be forbidden! Link to comment Share on other sites More sharing options...
harrry Posted January 11, 2012 Share Posted January 11, 2012 (edited) Can own property outright from the day born. From age 0-20 can only sell property with court order (which is unlikely to be issued) Can sell property at age 20 (or borrow money) Some may claim 21 as the age of maturity, but this does conflict with other Thai laws where children are considered owned by their parents until age 20. THe confusion with laws relates to the fact that the law refers to a minor having completed his 20th year. Many people her count the age starting from 1 when born not 0. http://thailaws.com/law/t_laws/TCCC-book1.pdf see Sections 19 and 20 Edited January 11, 2012 by harrry Link to comment Share on other sites More sharing options...
ludditeman Posted January 11, 2012 Share Posted January 11, 2012 Can own property outright from the day born. From age 0-20 can only sell property with court order (which is unlikely to be issued) Can sell property at age 20 (or borrow money) Some may claim 21 as the age of maturity, but this does conflict with other Thai laws where children are considered owned by their parents until age 20. THe confusion with laws relates to the fact that the law refers to a minor having completed his 20th year. Many people her count the age starting from 1 when born not 0. http://thailaws.com/.../TCCC-book1.pdf see Sections 19 and 20 That makes perfect sense, and reminded my that Thais refer to their age as their age at the next birthday. So directly they have their 20th birthday, if asked they say they are 21. Link to comment Share on other sites More sharing options...
RubbaJohnny Posted January 11, 2012 Share Posted January 11, 2012 Can own property outright from the day born. From age 0-20 can only sell property with court order (which is unlikely to be issued) Can sell property at age 20 (or borrow money) Some may claim 21 as the age of maturity, but this does conflict with other Thai laws where children are considered owned by their parents until age 20. THe confusion with laws relates to the fact that the law refers to a minor having completed his 20th year. Many people her count the age starting from 1 when born not 0. http://thailaws.com/.../TCCC-book1.pdf see Sections 19 and 20 That makes perfect sense, and reminded my that Thais refer to their age as their age at the next birthday. So directly they have their 20th birthday, if asked they say they are 21. This is aChinese thing Yu are year 1 when born Why well they didnt have a zero until the Arabs invented it Link to comment Share on other sites More sharing options...
Semper Posted January 12, 2012 Share Posted January 12, 2012 (edited) Can own property outright from the day born. From age 0-20 can only sell property with court order (which is unlikely to be issued) Can sell property at age 20 (or borrow money) Some may claim 21 as the age of maturity, but this does conflict with other Thai laws where children are considered owned by their parents until age 20. THe confusion with laws relates to the fact that the law refers to a minor having completed his 20th year. Many people her count the age starting from 1 when born not 0. http://thailaws.com/.../TCCC-book1.pdf see Sections 19 and 20 That makes perfect sense, and reminded my that Thais refer to their age as their age at the next birthday. So directly they have their 20th birthday, if asked they say they are 21. This is aChinese thing Yu are year 1 when born Why well they didnt have a zero until the Arabs invented it Actually, zero was invented in India. Edited January 12, 2012 by Semper Link to comment Share on other sites More sharing options...
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