How will my villa purchase be legally structured? Does Six Senses Private Residences Yao Noi offer freehold land?
A 2.1: With limited exception, Thai law does not allow foreigners to acquire freehold land. Foreigners, however, are able to lease land in Thailand, and to actually purchase the building that sits atop the land being leased. Thus, Six Senses Hideaway Yao Noi will offer you a long land lease, and will allow you to purchase the villa that sits atop the land you are leasing. Ownership will be legally structured via a Master Agreement, a Lease Agreement to include lease obligations, easements and regulations, and a Maintenance and Management Agreement. Villa construction will be legally structured via a Construction Contract with our Contractor and a Construction Management Agreement with a company in our Group who will act as Owner’s representative. These agreements will, among other things, collectively regulate the management of the villas and landscaping, limit usage to residential use only, establish maintenance fees for common areas of the property, establish easements on roads and p
