Land titles in Bangkok classify properties, creating a hierarchy from general to specific. Chanote titles represent the highest level of ownership.
This system contrasts with leasehold interests, where ownership reverts to the landlord after a term.
Chanote titles guarantee full ownership rights, differentiating them from Nor Sor 3 Kor titles, which grant provisional ownership. Full ownership allows for property sales, transfers, and mortgages, unlike lesser titles like Nor Sor 3, which only offer conditional rights pending further surveys.
Bangkok’s real estate market prefers Chanote titles for their legal security.
Popular features of land titles in Bangkok include boundaries marked by official posts for Chanote titles, documented rights of access for Nor Sor 3 Gor titles, and the requirement for public posting before sale for Nor Sor 3 titles.
Common features across all types include the need for government registration, delineation of ownership, and transferability under specific conditions.
Unusual features encompass the Sor Kor Nung title’s documentation of land use rather than ownership, the historical significance of pre-1954 issued titles offering no legal documentation, and the specific designation of agricultural use for Nor Sor 4 Jor titles. Unique features highlight the Chanote title’s GPS-plotted boundaries, the Nor Sor 3 Gor’s upgrade potential to Chanote upon land improvement, and the possession acknowledgment provided by Sor Kor Nung titles.
Chanote titles offer more security and benefits over Nor Sor 3 Gor and Sor Kor Nung titles, due to their comprehensive legal backing and precise boundary marking. For detailed explanations and terminology, visit the glossary about Bangkok real estate.