limbo Posted February 27, 2015 Report Share Posted February 27, 2015 Phuket court rules 'secured' or 'collective' leases are void PHUKET: In a shock decision by the Phuket Civil Court, backed by the Region 8 Appellate Court, it has been ruled that the so-called “secured leases†offered by some real estate developers to allow foreigners to secure a cast-iron 90-year lease are not valid. - See more at: http://www.thephuketnews.com/phuket-court-rules-secured-or-collective-leases-are-void-51183.php#sthash.xyPOXNEm.dpuf Follow this link Not sure if this is good or bad news, although in a typical Thai way, there seems to be a way out as the end of the article states. Link to comment Share on other sites More sharing options...
cavanami Posted February 27, 2015 Report Share Posted February 27, 2015 It appears that those involved have time to make new, legal leases Link to comment Share on other sites More sharing options...
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