Answered5 years ago
What are the best attorney recommendations for verifying legal issues in Chiang Mai real estate transactions?
Attorney recommendation: Chiangmai area with real estate needs, not so much for power of attorney but to verify there is no legal issues with the condo building / developer, etc.
Answer summary
A user is seeking recommendations for attorneys in the Chiang Mai area who can help verify any legal issues related to a condo building or developer, particularly for real estate needs. One comment suggests Siam Legal as a potential option. Another comment notes that foreigners cannot buy land in Thailand but can own up to 49% of a corporation that purchases land.
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Kool *******
Just be aware you can not, as a foreigner, buy land in Thailand. A corporation can, but that is only because you can not hold controlling interest in the corporation. You can only own 49%.
Ginna **********
OP@Kool ******
I mean, to make sure there is no legal issues with the condo / developer, etc.Kool *******
@Ginna ******
then yes, by all means do your due diligence. Siam-Legal is good. With covid be very wary of buying into condos still being built now. It used to be the thing to do, but now many of them are going broke and not being built at all, or not finished. You are doing it right.Activity
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