Real Estate Dictionary

The latest headlines in Real Estate Dictionary alongside business tips, industry trends, as well as company updates.

Condo vs. Apartment in Thailand, What’s the Difference?
Dive into the nuances of living spaces in Thailand—condos and apartments. Condos, or condominiums, are privately owned residential units in buildings with modern amenities like…
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Juristic Person: Dealing with Homeowner associations and building management
Many homebuyers may not know what a “Juristic Person” does. You may have heard they collect common area fees for amenities and services. But, you…
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Cost Breakdown: Purchase Price, Taxes, and Other Fees
Are you dreaming of owning a piece of paradise in Thailand? Well, you’re not alone! Thailand’s landscapes and culture have been attracting people from around…
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Rai, Ngan, and Wa: Thailand’s Primary Units of Area Measurement
Step into the world of Thailand’s history, where each plot of land tells a story that spans centuries. From Rai to Ngan and Wa, units…
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Your Journey, Your Valuables: Personal Possessions Insurance for Foreigners in Thailand
Welcome to Thailand, where thrilling adventures and breathtaking scenery await you. As you start this exciting journey, keeping your belongings safe is a top priority.…
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Financial

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Cost Breakdown: Purchase Price, Taxes, and Other Fees
Are you dreaming of owning a piece of paradise in Thailand? Well, you’re not alone! Thailand’s landscapes and culture have been attracting people from around…
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General Real Estate Terms

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Juristic Person: Dealing with Homeowner associations and building management
Many homebuyers may not know what a “Juristic Person” does. You may have heard they collect common area fees for amenities and services. But, you…
Read Article
Rai, Ngan, and Wa: Thailand’s Primary Units of Area Measurement
Step into the world of Thailand’s history, where each plot of land tells a story that spans centuries. From Rai to Ngan and Wa, units…
Read Article
New Landlords: Stay on the Right Side of the Law When Renting!
Investing in real estate is often seen as a safe way to invest your money. Property prices usually go up over time, especially in places…
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Demolition 101: Your Guide to Legally Demolishing Property
Are you ready to embark on a thrilling journey that unveils the power of controlled destruction and paves the way for new beginnings? Whether you’re…
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Real Estate Financial Glossary: The Thailand-specific Terms You Need to Know to Rent or Buy Your Dream Property

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Debt-Free Certificate: The Key to Seamless Transactions
In this modern era of urban living, both condominiums and houses are overseen by legal entities to ensure shared properties remain in optimal condition and…
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Empower Your Finances: Your Guide to Checking Your Credit Bureau
You might be familiar with the concept of a credit bureau, which acts as a repository for our financial history, documenting various credit-related transactions we’ve…
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When Life Takes an Unexpected Turn: How to Handle Your Syndicate Home Loan if your Co-Borrower Passes Away?
Life is a journey filled with uncertainties, where unexpected events can disrupt even the best-laid plans. The dreams we envisioned sharing with our loved ones…
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Double the Dream: Financing Two Houses at Once – Your Guide to Approval
Thinking about real estate investment and considering expanding your portfolio or purchasing two houses at once? The prospect of financing two properties simultaneously can raise…
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The 4 Psychological Principles Shaping Property Buyers’ Decisions
Beyond Theory and Experience: The Psychology Behind Successful Real Estate Sales. Discover the four essential principles shared by PropertyScout today. Implementing these principles is your…
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Pay Now or Pay Later? A Guide to Choosing Between Installment and Cash Payment
Have you ever found yourself in a dilemma when it comes to purchasing a high-ticket item or property? The decision between paying in cash or…
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Mixed-Use Developments: Best of Both Worlds with Multiple Uses in One!
Welcome to the world of mixed-use developments! These innovative and exciting projects are transforming urban landscapes around the world, offering a unique combination of residential…
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The BOQ: What it is and What does this mean for House Construction?
Building a house is an exciting endeavor, but it’s also a complex and costly one. As a homeowner, you want to ensure that you get…
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Land Title: What to do in case of Loss or Damage?
Your land title is an important legal document that proves your ownership of a property. However, accidents can happen and it may get lost or…
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What is MOR (Minimum Overdraft Rate)?
MOR (Minimum Overdraft Rate) paid by commercial banks from major customers with a good financial history and overdrafts account.Therefore, banks need to increase their lending…
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What is MLR (Minimum Loan Rate)?
The MLR (Minimum Loan Rate) charged by commercial banks come from first-class customers, such as those with a good financial history. There are enough guarantees.…
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What is MRR (Minimum Retail Rate)?
The MRR (Minimum Retail Rate) is a floating interest rate charged by commercial banks to premium retail customers, such as a personal loan or home…
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