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
POR. BOR. THOR. 5 (ภ.บ.ท.5)
POR. BOR. THOR. 5 is a document showing tax payments made to the local authority (Aor.Bor.Tor) every year by the taxpayer. It shows only the name of the taxpayer, and does not represent an ownership document.
Transfer Right:
- Seller delivers the possession of land to buyer.
- This land title can not be registered at the land office.
How to buy:
- Buyer should ask, the seller to verify whether this land title can be changed and whether or not land ownership can be registered with the Department of Lands in the future.
- Purchase is at the buyer’s own risk.
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.