Finding your dream villa in Chiang Mai: Understanding ownership titles
Buying a villa in Chiang Mai is similar to purchasing property in other international cities—you'll need to understand the property ownership titles, the land deeds, and the legal rights associated with usage and sale. These elements are crucial for ensuring your investment is protected under the law.
When it comes to owning a villa, it’s important to recognize that your ownership covers both the land and the property itself. Understanding the land deed should be your first step, as this is the foundation of your ownership rights. In Thailand, there are various land ownership titles, but for those seeking the security of a Freehold-type title, here are a few key options to consider. For other titles, it's advisable to consult with local legal experts and real estate agents.
Chanot (Nor Sor 4)
This is a certificate of ownership that grants full legal rights to the land. The person named on the deed has the right to the land and can use the document as evidence with government authorities. The title deed is issued using GPS to precisely set the land's area and boundaries, ensuring accuracy. Legal actions can be taken immediately, and for land partitions of more than nine plots, compliance with the Land Allotment Law is required. This is the most secure and highly recommended type of land title.
Nor Sor 3 Gor
This is a legal land title similar to Nor Sor 3 but with key differences. The Nor Sor 3 Gor includes parcel points on the map set through an aerial survey, allowing for easy verification of the land area. The land title uses a consistent scale of 1:5000, and legal actions do not need to be publicized. The land can also be partitioned into smaller plots.
Nor Sor 3
This is the lowest land title that legally permits building on the property. It is an instrument certifying the right to use the land, issued by the government. Although it is not a possessory title, it legally confirms the right to possess the land. The Nor Sor 3 title is a floating map without parcel points, meaning it’s issued for a specific plot of land but not connected to other land plots. This can complicate the verification of the land area, and any legal actions must be publicized for 30 days.
Summary
Understanding the different land ownership titles is essential when buying a villa in Chiang Mai. From the highly secure Chanot to the more basic Nor Sor 3, each title offers different levels of legal protection and rights. To make an informed decision, especially if you're considering titles beyond the ones discussed here, consulting with local legal professionals and real estate agents is strongly recommended. By taking these steps, you’ll ensure that your investment in a Chiang Mai villa is both safe and legally sound.