Superficies Contract Template
A written superficies contract signed by the land owner and noted on the title deed and entered in the Land Department's provincial or local branch office registers is enforceable by legal action.
Superficies is sometimes called an above-ground-right creating separate ownership of the land and everything built or to be built upon the land. Without the registered right of superficies structures fixed to the land would otherwise be forming a body with the land and therefore legally would be owned as one corporeal object together with the land. The real property right 'superficies' (sections 1410-1416) is the legal instrument under Civl Law to legally create separate ownership.
A superficies contracts can include:
- The term of the superficies (up to 30 years)
- Option of renewal of the superficies
- Compensation for the building upon expiration
Professionally drafted contracts based on years of practical experience ensuring you receive quality Thai English contracts.