Page 66 - Introduction to Investment Laws in Thailand
P. 66
The provisions of the foregoing paragraph shall apply to
a contract of sale of movable property where the agreed price is
five hundred baht or upwards"
By section 456, land purchase must be processed through registration
to legally transfer the land ownership. At the department of the land, there
will be a registered deed that has to be certified by the land authority, and
the certification of authority on the deed stipulates a change of ownership.
The example of deeds certified by the authority of the department of land
is below;
Source: Tayawat Chanpinij, Director of Land Management, Department of Land,
Ministry of Internal Affair, <https://readgur.com/doc/1989205/การจัดการที่ดินของรัฐ >
The main types of deeds which are legally transferable and will not
create any land dispute by legal ownership are 1) Nor Sor 4 (น.ส.4), 2) Nor
Sor 3 Kor (น.ส.3 ก.), and 3) Nor Sor 3(น.ส.3)
1) Nor Sor 4 (น.ส.4) is the deed with a red authorised stamp
issued and authorised by the department of land. The is
Nor Sor 4 (น.ส.4) the legally transferable by registration with
the department of land.
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