List of Terms

Thailand related terms (legal and practical).

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Term Definition

means a unit of measurment of land in Thailand. A unit of surface expressed in Rai is equal to 1600 square meters in metric measurment, 1 acre is approx 2,5 Rai.

Real rights

A real property right, as opposed to contractual rights, are attached to an immovable property (rather than a person) and remain in full force upon transfer of ownership of the property ('follow' to the property), the first registered right has priority above any subsequent registered newer right.