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 […]
Land Measurement in Thailand. Thailand’s land measurement system is unique, built upon traditional units that are still in active legal and transactional use today. While the metric system is officially adopted in many aspects of Thai governance, land measurement remains firmly rooted in traditional Thai units, creating the need for accurate conversions and a deep […]