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Thai legal for expats

Superficies

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Superficies

Thai Civil law legal term: a registered land right, the legal right to use land and retain ownership of structures built on it for the life of the holder or a term up to 30 years. Under Thai law right of superficies functions similar to a long-term leasehold interest in common law jurisdictions, where the holder also can use land and obtain ownership of structures built on it. The owner of a piece of land in Thailand may create a right of superficies in favor of another person (foreigner) by giving him the right to own, upon or under the land, buildings, structures or plantations. (click on the link below te read more)

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Author: Thailand Lawyer Online
Synonyms: right of superficies