A Thai prenuptial agreement, also called a premarital or ante-nuptial agreement in Thailand, is a legal document, signed by both parties before marriage in Thailand. Under Thai law the prenuptial commonly lists each party’s personal assets, and could give management of certain jointly owned marital property to one of the parties. It could also state potential division of jointly owned marital property if the marriage is later dissolved (at death or divorce). Community and personal property under Thai marriage laws: Under Thai marriage laws personal property of each spouse remains personal property of each spouse during the marriage. If personal
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Buying Off Plan Real Estate In Thailand Condominium Acquisition And Escrow
Off plan condominium purchase in Thailand means buying a condo in a planning stage or a condominium not yet fully constructed. The standard payment schedule found in an off-the-plan sale and purchase agreement of a condominium in Thailand is: 1. a reservation agreement with a reservation fee of 100,000 baht (approx 3300 USD) 2. a deposit of 10 to 20% of the purchase price on the execution of the condominium sale and purchase agreement 3. periodical installments during the construction of the condominium with a final installment of 1/12th to 1/20th of the purchase price upon transfer of ownership of
Continue readingWhy Buy A Condominium Hua Hin Thailand
Property purchase in country is not a simple issue and yes when it comes to foreigners who wish to buy condominium Hua hin has in store we are awe struck at the various laws and rules the country’s Government has actually bestowed upon foreigners. There are many professional real estate agents who would entice us with the gorgeous condominiums Hua hin has got in the midst of the cool mountains. The price is of course very dear and just with 18,500,000 baht one can have a direct access to a condominium. The bolig til salg in Hua hin would not
Continue readingCondominium Purchase In Thailand
Condominium Purchase in Thailand Purchasing a condominium in a tropical paradise is a dream for many foreigners who wish to escape the cold winters and the high cost of living in their home country. Thailand offers the foreigner many benefits including beautiful beaches, tasty food, friendly people, world class health care and inexpensive property. Many foreigners come to Thailand to purchase a condo for various reasons: for their retirement, as a second residence or for investment purposes. For those who desire to stay longer in Thailand, the ability to acquire property is an important issue. Many foreigners prefer to reside
Continue readingThai Real Estate Investment Soared On Back Of Property Fund Activity
KTAM Aims to Become Thailand’s Leading Property Fund,Increasing Assets Under Management to 11.3 Billion The Bangkok Post reported on Thursday, 22 February that real estate investment in Thailand soared by 81.8 percent to $2 billion (1.3 billion)in 2012, nearly double the $1.1 billion (720 million) in 2011, as property funds markedly increased their investment activity. According to property consultant DTZ, Thailand’s real estate market was boosted by the listing of major property funds and a high number of acquisitions, particularly in the office and hotel sectors. Some $1.1 billion (720 million), or 55 percent of total real estate investment, came
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