Property legal issues and questions

Lev

We have just added this page to our property section in hope to try and answer some of the questions that keep cropping up. If there is anything we have omitted please let us know:

http://huahinafterdark.com/buying-a-house-in-hua-hin.htm
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Wanderlust · Posted: Fri Feb 24, 2006 6:27 pm Post subject:

Excellent stuff Lev. You must have read the minds of the Observer team as next month's issue has something similar! (incidentally it went to press on the 17th so no accusations of plagiarism please!)

JimmyGreaves · Guru Joined: 17 Oct 2005 Posts: 605

Any Proof on this sentence below from the link and does this also come into practice if the company does very small trade and pays taxes?

"Any company where over 40% of the shareholding is foreign and the business of the company is land purchase would be investigated by the Central Land Office. This is to ensure that there has been no attempt to get around the ban on foreign ownership. Therefore you are in practice limited to 39%. With a restructured Articles of Association, the foreign shareholder can be the only director of the company and the only officer who can undertake contractual dealings on the company's behalf. This, in effect gives the foreign investor control over the company. "

essbee · Posted: Wed Mar 01, 2006 9:55 pm Post subject: Legal assistance

I used a lawyer close to HH to by my place and he was great, even sent me biweekly photos of the build so I could see the progress Cheers

Happy to pass on his details

lomuamart · Posted: Wed Mar 01, 2006 10:39 pm Post subject: Re: Legal assistance

Jaime · Ace Joined: 14 Jan 2004 Posts: 1899 Location: Sh*t Creek

Lomu, if you are buying a holiday home I would suggest that this is the norm - unless you can afford to take 6 months to a year off work!
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essbee · Posted: Thu Mar 02, 2006 2:43 am Post subject: Bit longer than 6 months !

Jamie your right, I did visit a few times though during the build to check that the photos I was receiving were in fact of my house !!! (only joking) and enjoy the laid back atmosphere that makes the place, but sadly I am still having to do the daily grind in London. You guys that live there are so lucky.
Enviously yours thumbs up

essbee · Posted: Thu Mar 02, 2006 2:59 am Post subject: Re: Legal assistance