Leasing property in Thailand
I am very interested in leasing a property in Phuket. Where and how can I find out if the property developer in question is reputable? Do I need to engage a local lawyer to oversee the contract? Any help would be most appreciated.
Asked on Wednesday, April 11, 2001 | 06:30 AM
Sharon Leverick, London, UK
When you have found a property you are interested in, you should contact the owner, then engage a lawyer in order to help your understand the contract. You may lease a property in Phuket for no more than 30 years. The amount you may lease is unlimited. In order to register the lease agreement, you must go with the owner to the Phuket Provincial Land Office. You should bring your lawyer with you so he can explain the agreement to you.