Chanote
The highest-grade land title deed in Thailand, fully surveyed and registered with precise boundaries. It offers the most secure form of ownership.
by Sukhumalin July 11, 2025
Leasehold
A long-term rental right registered at the Land Department, typically up to 30 years with renewal options. It provides legal use without ownership.
by Sukhumalin July 11, 2025
Freehold
Full and permanent ownership of property with the owner’s name on the title deed. For foreigners, freehold is available for condos within the foreign quota.
by Sukhumalin July 11, 2025
Loan-to-Value Ratio (LTV)
The loan amount as a percentage of the property’s appraised value. A lower LTV reduces risk for lenders.
by Sukhumalin July 11, 2025
Mortgage Registration
The legal process at the Land Department that secures a lender’s claim to a property as collateral for a loan.
by Sukhumalin July 11, 2025
Escrow Account
A secure, neutral account managed by a third party to hold funds until all conditions of a transaction are met.
by Sukhumalin July 11, 2025
Transfer Fee
A government fee (2% of appraised value) paid to register ownership transfer at the Land Department.
by Sukhumalin July 11, 2025
Specific Business Tax (SBT)
A 3.3% tax applied to certain property sales, usually when sold within 5 years.
by Sukhumalin July 11, 2025
Nominee Structure
An arrangement where a foreigner uses Thai nationals to hold land on their behalf, which is illegal in Thailand.
by Sukhumalin July 11, 2025
Due Diligence
A thorough investigation of a property’s legal title, zoning, encumbrances, and market value before purchase.
by Sukhumalin July 11, 2025
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