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I see there's been a similar thread running on Talk.
The point is well made there, that you can't really own a house. And therefore can't bequeath it, should you wish to. It will pass to whoever helped form the company that you owned 49% of, ie your Thai lawyer or his nominee.

Sweet deal that.

On a slight tangent, it seems Fair Properties, who handled most of the dog boxes in the VT Jomtien projects, have gone under/done a runner. What a pisser to turn up for your 6 month stay and find the agent had ceased to exist.

Good thing there's plenty of rooms vacant :)