A complete Thai English usufruct agreement for land and house in Thailand. This contract can be used between a foreign and a Thai spouse or similar foreign Thai relationships. The usufruct is granted to the person who actually paid and donated the money for the purchase of the property and in return is given a right of usufruct for his lifetime without consideration.
Ready to use usufruct contract in Thai with an English translation.
Protect your financial interest in a property in Thailand and obtain the confirmed right to hold and manage an immovable property owned by another person. The right of usufruct is created by registration in the official land registry of the local land office. It is not possible to register a right of usufruct over land that not yet has a full title deed, or a real estate property that is for example encumbered with a mortgage.
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The usufruct zip package to download contains: Thai English usufruct main contract (contract preview), cover page, 4 attachments in editable formats Office Word and PDF (copy).