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If you are considering to invest in Thailand, it is best to learn about the different types of documents that can be issued to you when investing in real estate. 

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A Freehold Title Deed also called Chanote or Nor Sor 4 is a document that gives the buyer the full legal right over the land. To protect yourself from the full right ownership and having a legal evidence of your ownership, nothing is stronger than a Chanote or Nor Sor 4. There are times that a land is waiting for its full title to be issued, so you may receive what is called a Nor Sor 3 Kor. If you are holding a Nor Sor 3 Kor, you may sell, transfer or mortgage land similar to a freehold title deed ( Chanote ). A full deed title may not be issued if there is an objection before the land department issues the final Chanote.

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There is also another document called Nor Sor 3. This document is different from Nor Sor 3 Kor in that the land department has not measured the property and the land boundaries have not been defined.

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Possessory Right

This type of title deed is least recommended. A land with a possessory right has never been substantiated by Department, but is only recognized by tax payments at the Local Administrative Office.

It is essential to bear in mind that title deeds other than one of a Chanote, is not allowed to register any leases against the land such as, usufructs, mortgages or superficies in order to gain encumbrance.

Although Thai Law stipulates that a foreigner may not own land in Thailand, there are alternative options to owning a land in Thailand. We would be more than happy to discuss the options available to you with a meeting, an over the phone conversation, or by email.