ricklev Posted October 20, 2013 Share Posted October 20, 2013 "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! Link to comment Share on other sites More sharing options...
Crossy Posted October 20, 2013 Share Posted October 20, 2013 Can you provide a link to this information please, as we all know the second and third 30 year periods are not legally enforceable. Link to comment Share on other sites More sharing options...
Kudel Posted October 20, 2013 Share Posted October 20, 2013 No such thing as 90 year leases. Link to comment Share on other sites More sharing options...
MJCM Posted October 20, 2013 Share Posted October 20, 2013 (edited) 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 Edited October 20, 2013 by MJCM Link to comment Share on other sites More sharing options...
Crossy Posted October 20, 2013 Share Posted October 20, 2013 Flame removed, thanks ricklev and MJCM. Closed. Link to comment Share on other sites More sharing options...
Crossy Posted October 21, 2013 Share Posted October 21, 2013 The page has been updated. Thanks to everyone for the heads-up. Link to comment Share on other sites More sharing options...
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