What Is a Usufruct in Thai Property Planning?

A usufruct can provide a right to possess, use and enjoy another person’s property, subject to its terms and Thai law. It may be considered for residence or family planning, but it differs from ownership and from a transferable investment asset. The holder’s duties, duration, registration, maintenance and effect on sale or succession should be explained by an independent lawyer. Do not rely on a translated one-line description.

Ask the buyer-side lawyer to produce a one-page ownership diagram showing the land, building, condominium unit, company or registered rights, together with duration, transfer, succession and default consequences. Confirm the current Land Office and bank requirements before money moves.

This is general guide information only; obtain current independent Thai legal, tax, financial or technical advice for the specific transaction.