BRS’s Real Estate & Construction department is a sector leader in the Asia-Pacific. Its real estate lawyers are highly sought after to provide legal advice on hotel/resort development projects, condominium and residential developments, industrial acquisitions, mixed-use property developments, construction loans & other real estate financing, real estate workouts & restructurings, and transactions involving distressed assets. Within the context of these transactions, its real estate attorneys are highly capable of acting on behalf of buyers or sellers, owners or operators, developers, lenders, and equity investors.
Senior partner Robert H. Schuler, who heads up the firm’s Real Estate & Construction department, is an industry leader in Thai real estate law and has a wealth of experience acting on behalf of clients in both local and regional real estate markets. The firm’s real estate attorneys are highly effective in handling cross-border real estate transactions in ASEAN and advise on the legal aspects of all stages of property development – from land acquisition and development to drafting commercial contracts for design, construction, operations and maintenance (including permits, licenses and certifications), from environmental impact assessments to Thai Board of Investment (BOI) sponsorship.
The firm’s highly-skilled property lawyers provide multi-national corporations, institutional investors, private equity funds, SMEs, and entrepreneurs with expert legal advice on a wide range of domestic and commercial property transactions, involving real estate assets of all types and classes. Its legal services include, but are not limited to:
- drafting and negotiating sale & purchase agreements and contracts of real estate lease & rent
- land and property ownership rights under BOI privileges
- land surveys and property inspections
- performing legal due diligence on land titles and sellers
- real property acquisitions and disposals
- registering land leases and property purchases
- rights of habitation, possession, servitude, usufruct and superficies
Southeast Asia’s property sector can be a lucrative place to do business, but there are many pitfalls; markets here are still developing and there can be huge swings in the price of everything from labour to land to material costs. In addition, fewer government regulatory agencies exist for consumer protection in Thailand; this, combined with the significant sums of money that are often attached to real estate and construction projects and transactions, requires buyers, sellers and investors—and especially foreign nationals—to take extra care when purchasing, selling and letting land, property and housing in Thailand.
With in-depth knowledge of all aspects of commercial and residential real estate, BRS helps clients to navigate the region’s complex real estate markets—including local business codes of conduct and practice—in order to mitigate risk, avoid disputes, and maximize return on investment.