TH Thailand property term
Right of First Refusal
สิทธิในการปฏิเสธครั้งแรก
Pronounced: sit-thi nai kan-pa-ti-set khrang-raek
Plain-English definition
A contractual right to accept or match a proposed sale before the owner sells to someone else.
Why this matters to a foreign buyer
It is not ownership or a promise that the property will be sold. Check notice, matching and transfer rules.