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    Since land ownership is, with the view that it “may” happen in the future, not yet allowed to foreign nationals in Thailand, a condominium is among the practical alternatives, if not the most, for those who want to acquire a property in the Kingdom.

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    The previous credit crisis that undermined the global economy has certainly affected the Asian economic region to some degree. Thailand too was not spared from the economic calamity that has claimed numerous businesses and has driven away both tourists and investors alike. Nonetheless, the Thai economy has proven its resiliency and recent events have shown

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    Marriage may be considered as the strongest and perhaps the most poignant union between two persons but there may be legal ramifications that have a profound effect on a person’s economic, social and political standing. Of particular consequence is the creation of a property relation between the spouses. In this, the property regime chosen or

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    Buying properties in Thailand often require that the buyer enter into a purchase contract with a seller or developer of real property. Executing a purchase agreement entails the utmost attention to detail particularly on the rights, duties and responsibilities each party has agreed to undertake. Of key importance is understanding that these stipulations, as a

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    Companies like individuals are granted the right and privilege to own real property in Thailand. However, a differentiation should be made between local and foreign-owned companies since majority shareholding determines the exercise of the right to own land. As a rule, companies having more than fifty percent (50%) of its shareholdings owned by Thai nationals

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    The leasehold system is a system of property tenure wherein a person, by paying a fixed sum, “purchases” the right to occupy a particular land or building for a given period of time. In operation, the owner of the building or land, commonly known as a landlord, relinquishes in favour of the person leasing the

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