Shock ruling: Secured real estate leases to allow foreigners a 90-year lease in Thailand are not valid

Phuket court rules ‘secured’ or ‘collective’ leases are void – thephuketnews.com, February 27, 2015
…The Phuket News’ legal correspondent, Jerrold Kippen, has revealed that not only has the structure been ruled invalid but the courts’ decision may mean that the original underlying 30-year lease, even if registered with the Land Office, is now void – it never existed, leaving the buyer with two handfuls of nothing…

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