[Masterwoodsman]

This is why the whole +30 +30 lease hold agreement isn't really worth the paper its written on hence why smart foreign investors wont entertain it.

There are exceptions however, for example the house i just sold was classed as a 4 story town house, being that there was a block of 5 units and a block of 4 units. Each unit although attached was individualised as having it own Chanote land title.

So whats gonna be the scenario when "for example" in one block of 5 i live in the middle with the Thai missus who holds a free hold chanote title in her name all above board and all law abiding. However the 2 units either side are both farang owned and they are at the end of their 1st 30 year lease. Land prices have escalated in this 30 years and the land which the property is built on is worth a hell of a lot if sold. So long as my missus was holding the freehold Chanote title on our middle unit and they somehow refused to honour another 30 year lease to the 2 farangs either side could they really hack down the attached units either side even though they were attached....

I know the above example is a worst case scenario but the lease hold option is so complex for various reasons and foreigners spending big money are usually smart enough to use the services of a decent lawyer....

I'm sure as someone wrote above that these free hold titles being offered on new projects aren't maybe as legitimate as maybe expeceted. The fact is Thai law is ridiculously complicated and i'm sure many legalities have their own such loopholes, when exploited, which makes piece of mind for a foreigner hard to achieve nowadays....