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Usufruct land and house (Th-En)

Usufruct land and house (Th-En) Usufruct in Thailand is governed by the civil and commercial code, sections 1417 to 1428. Usufruct grants to a person or persons the legal right to use and manage and derive profit from an immovable property belonging to someone else.

usufruct contract sample

This is a Thai real estate lawyer drafted land and house usufruct contract (สัญญาให้สิทธิเก็บกิน). This template can be used to protect a foreign spouse or foreigner when a real estate property is registered on a Thai spouse's or partner's name. The right of usufruct is registered on the land title deed copy of the owner and the original copy as held by the local land office. It is not possible to register a right of usufruct over land that not yet has a full title deed, or a real estate property that is for example encumbered with a mortgage.

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