PROPERTY IN THAILAND: Part 15 Registering your house and land separately
- Published: 16 Dec 2012 at 00.00
- Newspaper section: Spectrum
When a foreigner buys a house on a plot of land in Thailand the house and land are often registered as separate transactions.
Why is this?
Because under Thai law a house can be owned by a foreigner and under most situations the land can't. So the house is put in the name of the foreigner using a procedure we'll talk about in later columns. Then a 30-year lease to the foreigner is registered on the title deed.
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