Let’s face it: There are no hard line qualifications other than those common sense guidelines outlined below in “Fiduciary Duty” for anyone who wants to open a Real Estate Agency in Thailand. They may have years of experience and licenses from their own home country, or they may have none. The latter part of that sentence is scary!
I cannot imagine checking into a Hospital or going to a get on a Plane whereby the Pilot or Doctor does not have the proper rating to fly that Plane or Medical Certification to work as a Doctor. But how often do we check the pilot’s or Doctors credentials? Probably never; we just want to fly where we need to go, or get help with our illness right? These types of jobs require licenses and clearance before they can work in their profession.
Why not then is there any enforcement of Real Estate Agencies in Thailand with Foreigners acting as agents?
It is very difficult to catch the offenders of the law unless someone steps forward who has been wronged or is not provided the contract documents used by the Agent. But it takes the person(s) who have been wronged the effort to make a complaint to the DBD, LABOR DEPARTMENT, POLICE, or IMMIGRATION.
Treat any purchase of Real Estate here as you would in your home country, have a lawyer either draft or review your purchase contract, along with the Chanute of the property you are buying to ensure avoidance of existing liens.
And Lastly please ask for a copy of the foreigners work permit and company certificate as part of your purchase documents, if they refuse to give them to you this should raise suspicions. I suggest you address a lawyer with any concerns before you even make a deposit on your new property or business purchase.
Recently at a news conference In Chiang Mai with the Head of the Department of Labor Mr. Rhuchuchai Pothai made this statement regarding what is considered work in Thailand by a foreigner.
Here is the legal definition of work that is used by the Thailand Labor Department; "To engage in work by exerting energy or using knowledge whether or not in consideration of wages or other benefits". He also pointed out that beyond the application, is the intent. If it’s clear there is intent to work with a goal to profit from that labor, either on the part of the foreigner or of the business, then that is also illegal, if you do not have a work permit.
Any buyer or seller should take the time to ask to see documents of the agency or person representing them; any legitimate firm with foreign workers should have the following in the office:
1) Company registration certificate posted in a visible area.
2) Social Security Certificate issued from the Thai Labor Department.
3) The original, or at least copy of the Foreigners “work permit” or WP.4 Book.
|Your name: *|
|Your email: *|
|Recepient's email: *|
|Enter code: *|
* Required fields
* Required fields
Police Crackdown on Foreign Operated Sex BarsBest of Berlusconi's womenSummer campers enjoy an afternoon of fun with Laser Tag at Asian UniversityAgreements Between Husband and Wife in Thailand Can Be Cancelled (See category ASK DREW NOYES for more legal articles)New Thailand Immigration Rules for Submitting 90-Day Report by Mail OR In PersonRaimon Land Appoints Savills to Manage Exclusive Northpoint Pattaya Condominium DevelopmentALOHA SNUBA ThailandPattaya’s First Ever 3D Art Gallery OpensAmerican Drew Noyes 14 Years of Service in Thailand for His Majesty King Adulyadej BhumibolThailand Facing Competition Battle in ASEAN Economic CommunityNew Immigration Chief Allows 90-Day Reporting by MailThai FHM Girls Next Door beautiesPattaya’s Overhead Monorail Routes UnveiledSifu Robert McInnes Responds to Police and Media ChargesTiffany’s Show: More than just a ShowComfy choice offered with Centara Koh Chang sunset sand sofasBooming Pattaya becoming ASEAN’s International HubASEAN Community Abolishes Duty Taxes and Visas, Approves Foreign-Majority Business OwnershipSecrets Bar & Hotel Raid Leads to Foreign Manager’s ArrestPattaya Times Lists Most Influential People of the Last 10 Years Part 2
HEADLINES IN&AROUND PATTAYA Ask Drew Noyes NATIONAL AND THAI GOVERNMENT PATTAYA'S BEST RESTAURANTS PATTAYA'S BEST HOTELS EVENTS PATTAYA'S BEST GOLF COURSES ARTS&ENTERTAINMENT In & Around Bangkok DID YOU KNOW? TECHNOLOGY LAW & ORDER INTERNATIONAL NIGHTLIFE ART & CULTURE LIFESTYLE HEALTH LETTER TO THE EDITOR OPINION EDUCATION MOTORING SCIENCE AMAZING THAILAND WEIRD & WONDERFUL HUMOR FUN THINGS TO DO VIDEO OF THE DAY T.I.T. (THIS IS THAILAND)
“CENTRIC SEA PATTAYA” the new condo at the heart of the dazzling tourist city.Sempai Junior McInnes triumphs as Junior Middleweight WKO Champion Shorin KempoAndrew Drummond Denies It as Thai Government Withdraws Press CardConsidering of Relocating from US to Thailand?Ask Drew Noyes How Foreigner Purchase Land in ThailandCriminal Case Against Thonglor Clinic, Mike Goulet, Goes to Court Next MonthAsk One Stop Legal Services buying an existing company in PattayaAsk Drew Noyes Getting a Thai passportAsk Drew Noyes How to Recover Investments from Thai WomanBreaking news: Video Discovered of Police Raid at Mike Goulet's Thonglor Clinic, doctor arrested, counterfeit drugs seizedAsk Drew Noyes Thai NomineesAndrew Drummond's Press Credentials Withdrawn; Website May Be NextDefendant Andrew Drummond Stripped of Press Credentials by Thai Government PRPattaya Movie Theatre Locations and Information on Movies and ShowtimesClassical Tenor Kim Jun Man Performs in Concert April 6 at the Royal Cliff PattayaWet and Wild… Songkran 2013 Vegas Style!Andrew Drummond pays bail again after charged in criminal court, Drummond may face 5 more years in prison.Andrew Drummond pays bail after charged in criminal court, Drummond may face 2 years prison.Andrew Drummond Ordered to Pattaya Police Station to Face Criminal ChargesPattaya Zoom Festival 2013