Thaivisa Property

[ricklev]

"Long term leaseholds are commonly used when purchasing property in a modern residential development in Thailand. Whilst the terms of such agreement will vary from one development or property to another, typically an initial leasehold will be taken out for a period of 30 years, with a further two signed agreements in place to extend each lease for another 30 years, resulting in a total lease of 90 years on the property."

That's exciting news Thaivisa! Please provide details! The author must really understand Thai property law! Good to have such useful and helpful advice! Finally a source that can be trusted!

[Crossy]

Can you provide a link to this information please, as we all know the second and third 30 year periods are not legally enforceable.

[Kudel]

No such thing as 90 year leases.

[MJCM]

Can you provide a link to this information please, as we all know the second and third 30 year periods are not legally enforceable.

http://property.thaivisa.com/can-foreigners-property-thailand/

and then

Long term leasehold agreements

[Crossy]

Flame removed, thanks ricklev and MJCM.

Closed.

[Crossy]

The page has been updated.

Thanks to everyone for the heads-up.