Property Leasehold in Thailand. Leasehold is the principal legal route by which non-Thai residents and many domestic users obtain long-term practical control of land or buildings in Thailand. Unlike freehold ownership, a lease grants a right to possess and use immovable property for a defined period under contract. This article explains the statutory framework, registration […]
Escrow Accounts in Thailand is now a regulated, mainstream option for managing transactional risk — especially in real estate, M&A and construction deals. Since the Escrow Act B.E. 2551 (2008) and subsequent amendments, escrow is no longer just a commercial convention: it’s a statutory framework that prescribes who may act as an escrow agent, what […]
Breach of Contract in Thailand. In Thailand, the concept of breach of contract is governed by the Civil and Commercial Code (CCC), which provides the legal foundation for contractual obligations, rights, and remedies. A breach arises when one party fails to perform their obligations under a valid and enforceable agreement, either wholly or partially, without […]