Thai Courts Just Held the “Secured”/”Collective” Lease Structure VOID – bad news for many foreign real estate investors
.
Ex. What happens if an estate agent in Thailand lies, double deals, cheats or misrepresents…? “Can you count on and trust every single estate agent in Thailand?”
Some real estate development structures that are marketed to foreigners in Thailand are commonly referred to as a “collective lease” or a “secured lease”. For simplicity’s sake we will refer to it in this article as a “Secured” Lease.
Thai Courts Just Held the “Secured”/”Collective” Lease Structure VOID – bad news for many foreign real estate investors
In Thailand government officials are generally considered much more authoritative than in western countries. Thai culture also considers non‐conflict to be a virtue of...
