Best Real Estate Lawyers in Chiang Mai
Share your needs with us, get contacted by law firms.
Free. Takes 2 min.
List of the best lawyers in Chiang Mai, Thailand
Aphiwat Bualoi Law Office
Free Consultation: 1 hour
Lanna Lawyers
CNX Legal Consultant
SMT Law Firm
Thai Lanna Law Office
Legal & Business Consultancy in Chiang Mai [LBC CHIANGMAI]
Assist Thai Visa Service
Browse real estate law firms by service in Chiang Mai, Thailand
Chiang Mai, Thailand Attorneys in related practice areas.
Thailand Real Estate Legal Questions answered by Lawyers
Browse our 7 legal questions about Real Estate in Thailand and the lawyer answers, or ask your own questions for free.
- Is it possible to transfer property ownership in Thailand before the development is completed?
- If you buy a property from a developer before the development is finished, the property transfer will take place once the property development has been completed.
- Can a foreigner buy a condo unit in Thailand?
- There is no limitation in terms of nationality, and as such, any foreigner legally admitted to entering the Kingdom can buy a condominium which is generally a freehold property. It should be noted that foreigner-owned condominium units should not exceed 49% of the total space of the condominium project. Other restrictions may be applicable.
- Where in Thailand does transfer of property ownership occur?
- The transfer of property ownership registration from the owner or property developer to the buyer takes place at the land registry office after the property has been built, the contract has been signed, and all installments have been paid. The purchase price remaining balance is normally paid on the transfer day at the land registry office.
About Real Estate Law in Chiang Mai, Thailand
Real Estate Law in Chiang Mai, Thailand, falls under the larger context of Thai property law. Its primary aim is to regulate buying, selling, and managing real estate, ensuring fairness and transparency in transactions. The real estate laws in Chiang Mai, like the rest of Thailand, are quite unique compared to other countries. For example, foreigners are not permitted to own land directly; however, they can own buildings or structures erected on the land.
Why You May Need a Lawyer
Engaging a lawyer can be very beneficial in several circumstances, such as purchasing or selling property, understanding lease agreements, navigating condo ownership for foreigners and addressing any disputes related to property. A lawyer can guide you through the complex legal framework in Chiang Mai and ensure that all documents are duly processed, thus preventing future legal complications.
Local Laws Overview
There are key aspects of local laws to bear in mind. Foreigners are not allowed to own land but can lease land for up to 30 years. They can also own condominiums, provided that the total foreign ownership in a single project does not exceed 49%. Leasehold rights can be registered at the land department for a maximum period of 30 years; however, it's also possible to include an option to extend the lease. For any property transaction, it is crucial to follow legal process, involving a due diligence check to confirm if the seller has clear and legal title to the property and to check for any encumbrances, such as mortgages, liens, or servitudes.
Frequently Asked Questions
1. Can foreigners buy property in Chiang Mai? Yes, foreigners can buy condominium units and buildings but not land.
2. What is the process of buying a condo? Condo unit purchase involves multiple steps including reservation agreement, paying deposit, conducting due diligence, signing contract, and finally transferring the ownership.
3. Are there any restrictions on leasing land? Yes, land can only be leased for a maximum period of 30 years.
4. What legal documents are necessary to check before buying? Necessary documents include title deed (Chanote) or Nor Sor Sam Gor, which confirm legal ownership, and tax payment receipts.
5. Can foreigners inherit property in Thailand? Yes, foreigners can inherit buildings and condominiums but not the land the buildings sit on.
Additional Resources
Thai government departments such as The Land Department, and The Department of Special Investigation can provide additional resources. Professional associations like the Thai Real Estate Business School and the Thai Real Estate Association can also help with research and networking.
Next Steps
If you need legal assistance in Real Estate in Chiang Mai, it is highly advisable to approach a reputable lawyer or legal firm well-versed in the local property laws. Their knowledge and expertise will ensure you navigate legal processes correctly and make informed decisions about your investment. Always ensure documents and agreements are in writing and accurately translated if you do not understand Thai.
The information provided on this page is intended for informational purposes only and should not be construed as legal advice. While we strive to present accurate and up-to-date information, we cannot guarantee the accuracy, completeness, or currentness of the content. Laws and regulations can change frequently, and interpretations of the law can vary. Therefore, you should consult with qualified legal professionals for specific advice tailored to your situation. We disclaim all liability for actions you take or fail to take based on any content on this page. If you find any information to be incorrect or outdated, please contact us, and we will make efforts to rectify it.