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**verybigf** · 09-21-2012, 08:03 PM

I bought 200 rais without docs. just the contract between buyer /seller and I own it I can do anything I want, farming, (built one house on it) and I can sell it if I choose, I benefit from the land by leasing it to the farmer and you can not develope it, the purpose is for agriculture only at this time have to wait untill the zone changed then you can obtain the red deed and make big profit

Yes it is a gambling, buying land without title it is very risky unless you plan to move in or someone you love to live in to stay claims as owner. It is not for any Thai as investment it is for local Thai that capable to over see the property at least once a month. because if somebody sneaks in and build the hut/camp and live in without you notice and farming or make benefit from the land after 10 yrs. they can claim as the new owners. As the green deed indicated it's GOV. provided land for people to benefit from using the land for living.

Or even you assign someone to move in and over look the property without charge the rent, you have to have valid contract to prove that you are the owner of the property let say land lease 10 bath per year and end in so and so year.

09-21-2012, 08:03 PM	#5
verybigf Join Date Oct 2005 Posts 572 Senior Member	I bought 200 rais without docs. just the contract between buyer /seller and I own it I can do anything I want, farming, (built one house on it) and I can sell it if I choose, I benefit from the land by leasing it to the farmer and you can not develope it, the purpose is for agriculture only at this time have to wait untill the zone changed then you can obtain the red deed and make big profit Yes it is a gambling, buying land without title it is very risky unless you plan to move in or someone you love to live in to stay claims as owner. It is not for any Thai as investment it is for local Thai that capable to over see the property at least once a month. because if somebody sneaks in and build the hut/camp and live in without you notice and farming or make benefit from the land after 10 yrs. they can claim as the new owners. As the green deed indicated it's GOV. provided land for people to benefit from using the land for living. Or even you assign someone to move in and over look the property without charge the rent, you have to have valid contract to prove that you are the owner of the property let say land lease 10 bath per year and end in so and so year.
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