The Land Reform for Agriculture Committee made a landmark decision on Thursday, to change the Sor Por Kor 4-01 land certificates into land title deeds, which can be used as collateral against loans from state and commercial banks, with the first set of deeds tentatively to be distributed to farmers by January 15th, according to Agriculture and Agricultural Cooperatives Minister Thammarat Prompao.
He said that, even if the Sor Por Kor 4-01 land certificates are changed into land title deeds, there are, however, conditions attached, with which farmers who own land will have to comply, such as the requirement that the land be used for agricultural purposes and can be sold only to farmers who are qualified to own it.
Farmers who are entitled to have their Sor Por Kor 4-01 land certificates converted must prove that they have used their land for agriculture for at least five years. There…
