The most typical security created or concluded by an investor to acquire or develop real estate in Thailand is the real estate mortgage. A mortgage agreement is defined as a contract by which a person called Mortgagor mortgaged a property to another person, the mortgage borrower, as a guarantee of the performance of a bond without delivering the property to the borrower. It is a kind of charge on land or other real estate registered as collateral for a debt repayment, provided that, if mortgagor does not rem convert the debts, the mortgage is allowed to enforce the mortgage and recover the debts of a public auction of the property or property; provided the mortgage is repaid if the terms of the mortgage have been met or met. In addition to the real estate mortgage, under the Business Security Act B.E. 2558, a person as a securities provider directly managing the real estate activity may also sell a property as collateral in order to secure his transactions or other transactions. A personal guarantee is also a less popular mode of security. A number of systems such as the collateral of shares and the conditional or unconditional transfer of an investor`s rights and debts are also available. Finally, a lender may require personal or business-related guarantees, which are often used by a lender as an additional „reload guarantee“ and which are favoured by holding companies for loans to their subsidiaries. Guarantees may be limited to the total amount of funds borrowed or interest payable or loss of value („default“) or a specified amount. For the creditor, the advantage of a mortgage is to grant him a preferential right over his debtor`s mortgage-backed assets vis-à-vis most secured creditors and against all unsecured creditors.

In the case where multiple mortgages are granted on the same property, the order of priority of the mortgages depends on the date of their registration/registration (the first registered/registered mortgage will be the first priority). A mortgage is valid for 30 years from registration and revolved. A business borrower can also create a variable fee. This is a general charge for an asset class that is not fixed (at the normal price) to a given asset. A variable fee is generally used when, during the borrower`s activity, the borrower needs the flexibility to manage the guaranteed assets from time to time, as it generally allows the borrower to transfer the variable royalty assets without the lender`s consent. For real estate, this variable royalty is sometimes used for large and complex real estate portfolios, in which the borrower needs maximum flexibility and the lender is prepared to allow the borrower to manage the portfolio without a specific agreement being required each time an asset is to be divested, but it is more typical that a lender levies a fixed royalty on real estate. An investor who borrows for the acquisition or development of real estate in Ireland is usually invited by the lender to take out a first fixed guarantee on the value of the property in question. The form that takes security is usually a tax. A contract of subordination, dysfunction and attornment, also known as „SNDA“, embodies three basic agreements that identify and define the relationship between a creditor and a tenant in the context of a mortgaged property lease of which the debtor is the lessor.