Thread: Thai owning land. How old must they be?

How come you "own" the land in the first place? Is this in Thailand?

I'll stand corrected but I seem to recall that an adult holds it in trust for a minor till they come of age .

I have a "lease" on the land which is owned by my friends wife.

We did this to circumvent the law, but the land is considered mine.

May not be if my friend dies though.

Give the land, in trust to the daughter, via Laosy ?

Laosy is well, Laosy. She's not Thai.

Originally Posted by Pink Panty

I don't think it gonna be a problem.

Do you know about Land Law in Thailand?

15 days

naturally there will have to be a legal gaurdian or trustee until they come of age 15 years? or when the trust stipulates if longer

Originally Posted by good2bhappy

15 days

???????????????

Guardian has to be Thai?

If a person wishes to give as a gift a piece of land to a Thai alien-born minor, the competent authority shall inquire into his/her intention to give the gift to the minor and into his/her legal relations with the minor. If the property to be given as a gift is acquired by purchase, it must be determined out of whose money the acquisition has been made. That is questioned for fear that the alien parent may give the money to a Thai person to buy and hold the property as nominee owner, and later give it as a gift to the minor. However, in the case of a Thai alien-born major, no official inquiry shall be made to establish the said fact.

http://www.tudorvillas.co.uk/land_systems.php

problem being the above relates to the 1997 Constitution and we know where that went ...............

a child becomes a legal entity at 15 days
for contractual purposes
(not criminal)

Not really sure I get that.

Maybe make the current owner the trusty?
This is now getting complicated since the lease is in my name.

Originally Posted by the dogcatcher

Laosy is well, Laosy. She's not Thai.

She's a foreigner then.

You can lease it to her, but that's about it.

Child has a Thai father.

Upon reaching 15 years of age a person of Thai nationality is required to file for an ID card.

Section 41 A person having a husband, wife or child may acquire or hold rights in land for their benefit in an amount equal to that which such husband, wife or child might hold under this Code.

Velly confusing.

Originally Posted by Mid

I'll stand corrected but I seem to recall that an adult holds it in trust for a minor till they come of age .

This is how I understand it too, and have bought for my children with their mum as guarantor, but it's not foolproof; it just makes things more difficult should mortgaging or attempted selling take place.

It's a murky area and my advice to you Dogcatcher is to email Sebastian at issan lawyers to get sound legal advice as TIT and everthing is grey.

Also, allowance using minors varies from one land registry office to another. Nang Rong wouldn't have it, but Buriram did when I went through a local bigwig. All precarious but them's the risks.

Age of Majority is 20 years of age
unless your married which is then 15 years of age

Velly confusing.

so the child needs a legal gaurdian
and it is not so easy to sell the land

Hmmm. I might give this one up.
Doable, but not really.