The estimated price a property would sell for on the open market under normal conditions.

A legal provision allowing the original owner to repurchase property sold under certain conditions, often seen in sale with right of redemption contracts.

Official authorization from local authorities to construct, modify, or demolish a building.

An official document proving ownership of land or property in Thailand.

A legal entity such as a company or organization that can own property and enter into contracts in Thailand.

The rights of shareholders or condo owners to vote on important matters affecting management and policies.

Thailand’s government agency offering investment incentives, including foreign land ownership under strict conditions.

An official document verifying if any liens, mortgages, or legal claims exist on a property title.

The Thai government office responsible for registering land titles, mortgages, leases, and transfers.

A legally binding contract that outlines the terms and conditions of a property transaction.