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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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Discover the essential real estate terms that will elevate your game and give you the confidence to navigate the market like a pro! Dive in and explore the terms that interest you the most.

Glossary Of Real Estate Lending List

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