January 11, 201214 yr 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
January 11, 201214 yr 30-35? Younger than that I can't see how they could have saved money enough to by some property.
January 11, 201214 yr i am sure there are some exotic trusts for minors is that what you have in my mind old chap
January 11, 201214 yr 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
January 11, 201214 yr 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, 201214 yr by ludditeman
January 11, 201214 yr 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!
January 11, 201214 yr 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, 201214 yr by harrry
January 11, 201214 yr 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.
January 11, 201214 yr 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
January 12, 201214 yr 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, 201214 yr by Semper
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