Thread: I going to hold the chanote

Ususfruct is definitely the way to go.Registration onto the chanote is officially 100 baht. Your rights under the terms of the Usufruct remain in force regardless of what happens to the grantor of the usufruct ( ie lease the land and wife dies and you no longer have a lease ---usufruct and wife dies the usufruct still runs its term.

Originally Posted by buriramboy

I thought transfer costs were 5% of the value of the land or 3.5% if between family members.

Did your family tell you that ??

Flaws in plan:

Originally Posted by terry57

He says she would have to get a hit man to top him, only way to move him he recons, no probs at the mo and its been a long term relationship.

...

She gets it when he dies.

Summary:
I pay $$++ for something which involves someone having a huge financial gain if I die in a land where death is cheap and mostly judged to be "suicide" by authorities regardless of circumstance.

Seems I could better pay $$++ for the exact opposite plan.

Originally Posted by buriramboy

I thought transfer costs were 5% of the value of the land or 3.5% if between family members.

I heard that one ... once and only once

Originally Posted by enoch wasright

Ususfruct is definitely the way to go.Registration onto the chanote is officially 100 baht. Your rights under the terms of the Usufruct remain in force regardless of what happens to the grantor of the usufruct ( ie lease the land and wife dies and you no longer have a lease ---usufruct and wife dies the usufruct still runs its term.

Does it has already been tested in court ? With which result ?

You may wish to investigate a 30 year leaseLegal max tho may be extendable0 or a Usufruct which entitles me to to do what I want as long as Ilive with our home, esp useful if wife dies first Cost 200 baht tip at Land Office after sound legal advice everyones circumstances vary It also means that Thai family of course inherit when I die but Im buying a Timeshare in heaven with Beyonce and the Brazil 1970 team!

Where how do you make usufruct please