1417-1428 Civil Law Right of Usufruct

Thai Usufruct Laws

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Usufruct is a legal concept based on Thai Civil Law. In Thailand it is a part of the category real rights and governed by sections 1417 to 1428. In common law, when a right of usufruct or usufruct contract is registered over a residential home, it could be more or less compared with the concept of a life estate, and the usufructuary with the 'life tenant' but not with the concept of temporary owner. Usufruct contract in Thailand is not transferable and always ends at death of the usufructuary.

Can I create a Usufruct on a mortgaged condo owned by my wife?

Usufruct on a mortgaged property owned by wife.

Contract law: What section in the law states that a clause is invalid if it deprives either of the parties rights under other sections of the law ?

Is a usufruct the way to go nowadays?

I heard that usufruct is the way to go when investing in real estate in Thailand, since the Thai holding company route is more or less closed by the government. Is a usufruct the best option for investment in real estate in Thailand? Thanks

Usufruct

real property legal term, under Thai law a registered property right attached to an immovable property by which the owner grants another person the exclusive but temporary possession, use, enjoyment and management of his real property governed by a usufruct contract agreement and the civil and commercial code sections 1417 to 1428 (chapter 'usufruct')

Usufruct in Thailand

Usufruct in Thailand
Real Estate Laws: real property rights for individuals

Foreigners cannot own land in Thailand but they can obtain a right of usufruct by agreement with the Thai owner of the land or land an house. The essence of a right of usufruct is that it transfers the rights of possession, use, enjoyment and management of an immovable property from the owner to the usufructuary.

what rights do I have selling of my house or not selling

my wife is selling our house with out my consent. She is after a divorce and know that I have rights. She is trying to sell before we start with the divorce. I will end up with nothing. What should I do? We also have to successful businesses. I have been there from the start on both accounts