Issues about own a house

[macbookpro]

Hello all!

Just reading a post in the Ask the Lawyer forum called House Deeds. I would of posted a reply there, but it is not possible.

Question "I know a foreigner cannot own land in Thailand but can the house deeds be in joint names?"

Answer from Somsak Lawyer " Yes it can. Although a foreigner can't own land, he can own a house (Yellow Book) and can own it wholly or jointly with another."

I was always under the belief that the famous Yellow Book was just an house address document, which could also list the owner. But by just having this doesn't mean you are the owner without the correct paperwork being registered at your local land office?

I know there's a pinned topic all about the Yellow Tabien Bahn Book, but just want to warn any readers that if a Thai property seller tells you "lets go to the Amphur Office get the Yellow Book transfered into your name and the house will be all yours" it's all very wrong.

[metisdead]

Moved to the Real Estate, housing, house and land ownership forum.

[Boycie]

macbookpro the topic is running here

http://www.thaivisa.com/forum/topic/784964-he-can-own-a-house-yellow-book/

Please post any questions or comments in that thread.

[metisdead]

As noted in the comment above, please continue in the topic already running.

Closed.