Do not be fooled by a beautiful sunset or a stunning panoramic view of the surroundings without first checking the land title. These are some of the types of land titles you may encounter when buying property:
- Chanotte
- Nor Sor 3 (Certificate of Use)
- Sor Kor 1
- Nor Sor 2 (Reservation Note)
- Nor Sor 5 (Inquiry Note)
- Sor Por Gor 4-01
- Sor Tor Gor
- Gor Sor Nor 5
- Por Bor Thor 5
GOR. SOR. NOR. 5 (ก.ส.น.5)
GOR. SOR. NOR.5 is a document issued to show the usage of land to members of co-operative estates.
Transfer Right:
- Transferable to heirs or other members of the co-operative estate.
How to buy:
- Seller should meet the requirements by co-operative estates and thereafter apply to get a Chanotte. However the Chanotte will prohibit sale for 5 years.
- Buyers who buy this land title have only the possessory right unless they apply to become a member of the co-operative estate and meet the requirements of co-operative estate. Thereafter they can apply to get a Chanotte.
Now you know more or less what you are looking for. The next move is to find out whether this beautiful land has a proper deed, is worth buying and whether or not you get what you pay for.