Why Real Estate businesses need an industry-specific Trademark License Agreement
Real Estate operators in Thailand work under specialised regimes including āļāļĢāļ.āļāļēāļāļēāļĢāļāļļāļ, āļāļĢāļ.āļāļąāļāļŠāļĢāļĢāļāļĩāđāļāļīāļ, Foreign Land Ownership restrictions. Off-the-shelf Trademark License Agreement templates available online do not cover these obligations, and tend to be interpreted against the party with weaker bargaining power once a dispute arises.
Based on NYC Legal's experience with 510+ Real Estate clients, the recurring pain points are: Foreign 49% quota · FET-form · Leasehold 30+30+30. Our industry-specific Trademark License Agreement build is engineered to neutralise these risks before signature, anchored to recent Thai-court precedent from the last 5 years.
Legal framework referenced
An enforceable Trademark License Agreement must integrate Thai general law, sector-specific rules, and the international conventions Thailand has acceded to:
âĒ New York Convention 1958 â arbitration awards enforceable in 172 jurisdictions âĒ Thailand Trade Competition Act 2017 â bans exclusive dealing that restricts competition âĒ CISG (Vienna Convention 1980) â international sale of goods (Thailand not a party but opt-in is valid) âĒ Thailand Personal Data Protection Act 2019 (PDPA) â fines up to THB 5M + criminal liability
Sector rules for Real Estate: âĒ āļāļĢāļ.āļāļēāļāļēāļĢāļāļļāļ âĒ āļāļĢāļ.āļāļąāļāļŠāļĢāļĢāļāļĩāđāļāļīāļ âĒ Foreign Land Ownership restrictions âĒ EIA Regulations â every clause is mapped to the relevant statute so it stands up in court and at arbitration.
Signature clauses included by default
Our Real Estate edition of the Trademark License Agreement includes the following provisions that generic templates omit:
(1) Title transfer at Land Office · (2) Right of first refusal · (3) Foreign quota 49% (condo) · (4) EIA covenant · (5) Common area maintenance
Each clause has been reviewed by counsel with direct Real Estate sector experience and benchmarked against Fortune 500 / Magic Circle precedent, so foreign counterparties accept them and the chosen governing law will enforce them as drafted.
Common pitfalls checklist
Across 510+ Real Estate contract reviews, the recurring defects that render a contract unenforceable or one-sided are:
1. Limitation of Liability does not separate direct / indirect / consequential damages · 2. Termination clause has no cure period â invites unlawful immediate termination · 3. No Severability clause â one void provision can void the whole contract · 4. No Notice clause specifying official addresses and delivery method · 5. Force Majeure clause does not cover pandemic, sanctions, or cyber outage · 6. Indemnity clause has no cap â unlimited exposure, conflicts with CCC §150 reasonableness · 7. Governing Law and Jurisdiction clauses contradict each other â Thai law but Singapore courts without an arbitration anchor · 8. No Data Protection clause aligned with Thailand PDPA 2019 â fines up to THB 5M per breach
Every NYC Legal draft passes a 32-point Pre-Sign Audit Checklist before delivery, eliminating the issues above as a matter of standard procedure.
Counterparties and typical use cases
The Trademark License Agreement for Real Estate businesses is most commonly used in relationships with āļāļđāđāļāļ·āđāļāļāđāļēāļāļāļēāļāļī, Developer, āļāļĢāļĄāļāļĩāđāļāļīāļ, āļāļāļēāļāļēāļĢāļāļđāđāļāļĨāđāļāļĒāļāļđāđ, āļāļīāļāļīāļāļļāļāļāļĨāļāļēāļāļēāļĢāļāļļāļ. Each counterparty carries a different bargaining posture, so our attorneys calibrate position (buy-side, sell-side, or neutral) and protection level (heavy, balanced, light) to match your deal objectives.
Primary use cases in this sector: Franchise · Brand licensing. For cross-border enforceability we ship a bilingual ThaiâEnglish version together with Notary Public certification plus Apostille (126 Hague-party states) or Consular Legalisation chain (rest of the world), packaged as a single engagement.
Four pricing tracks
1) Standard â from THB 9,500 · first draft in 3â5 business days · 2 revision rounds · Witness signing on request.
2) Express (Rush) â from THB 14,250 · first draft in 24-48 hours · 3 revision rounds · for deals that must close fast.
3) Premium (Negotiation) â from THB 23,750 · 5-8 page legal memorandum · risk matrix · 2 rounds of term-sheet negotiation · 6-month post-signing compliance checklist · for deals above THB 10M.
4) Retainer (Annual) â from THB 76,000/year · unlimited Trademark License Agreement drafting and review · 4-hour legal hotline SLA · for Real Estate businesses closing 3+ deals per month.
Six-step workflow
1) Intake â deal context, position, counterparty, governing law, budget captured via a 12-field form (15 minutes).
2) Risk Assessment â sector-specific risk matrix for Real Estate delivered within 24 hours.
3) Drafting â senior counsel drafts against the 32-point Pre-Sign Audit Checklist within 3â5 business days.
4) Revision â client review, optional 30-minute call, 2-3 in-scope rounds.
5) Execution â final Word + PDF + signing instructions.
6) Post-Sign â file vaulted for 12 months · free revisions on regulatory change · ongoing monitoring of statutes affecting your contract.
Why pick NYC Legal for Trademark License Agreement in Real Estate
Attorneys 12+ years · 6 Notary Publics · 3,000+ documents per year · Real Estate, FDI, listed companies, SMEs â 510+ direct Real Estate clients.
Drafting in Thai and English (plus Chinese, Japanese, Arabic on request) · governance model: one senior lead + one independent quality reviewer before delivery.
Quality Guarantee â if a contract is held void or unenforceable due to our error, we refund the legal fee in full · backed by Professional Indemnity Insurance.
Signature clauses
- Title transfer at Land Office
- Right of first refusal
- Foreign quota 49% (condo)
- EIA covenant
- Common area maintenance
Frequently asked questions
How much does a Trademark License Agreement for the Real Estate industry cost?
Four tracks: Standard THB 9,500 (3â5 days) · Express THB 14,250 (24-48h) · Premium THB 23,750 (legal memo + negotiation) · Retainer THB 76,000/year (unlimited).
Why use an industry-specific version for Real Estate businesses?
Because āļāļĢāļ.āļāļēāļāļēāļĢāļāļļāļ and the recurring pain points (Foreign 49% quota, FET-form) are not covered by generic templates. Using a non-sector template is the single largest source of contract disputes in this industry (62% of IP & International Trade Court cases, 2023).
Does it work with foreign counterparties?
Fully supported. Bilingual ThaiâEnglish + Notary Public + Apostille (126 Hague-party states â Thailand effective 19 Dec 2024) or Consular Legalisation chain (rest of world), covering 168+ jurisdictions.
Is witness signing required?
Not mandatory but recommended. Witness signing at our office is complimentary with the Premium package.
Is there post-signing support?
Yes. Premium includes a 6-month post-signing compliance checklist + a 12-query legal hotline. Retainer is unlimited + ongoing monitoring of regulatory change affecting your contract.
If the counterparty requests many edits, will you charge more?
Standard includes 2 rounds · Express 3 · Premium 4 · Retainer unlimited. Out-of-scope revisions billed at THB 2,500/hour senior counsel, always with advance approval.
How is confidentiality handled?
Every attorney and staff member signs an NDA and is bound by Thailand PDPA 2019 · files stored in AES-256-encrypted vault · access logged · no third-party disclosure without written consent.
Should the governing law be Thai or foreign?
Depends on leverage and asset location â our analysis: if assets / debtors are in Thailand, choose Thai law + Thai courts · if the counterparty is a foreign MNC, Singapore law + SIAC arbitration is the neutral default. We draft both options for comparison.