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Buying a property
is an important move, and more important is making sure that the legal
side is taken care of professionally and smoothly. Our in house legal
team can assist you in any matter regarding property or other law here
in Thailand. We offer an efficient property transfer service at a reasonable
fee, allowing the paperwork to be completed swiftly and ensuring you peace
of mind that everything is being done properly.
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Our property transfer service includes:
* We check the title deeds to ensure they correctly correspond with
the said property.
* We ensure there is no mortgage or other loans attached to the property.
* We ensure the sales contract is correct and in time.
* Transfer the property between buyer and seller at the land office
dept.
* Ensure all transfer and tax documentation is correct and paid.
Condominium Ownership Information
Under Thailand Real Estate laws, it is possible for
a foreigner to own the title deeds of a condominium in their own name.
However, in most areas of Thailand a foreigner or foreign legal entity
can only acquire up to, but not exceeding, 49% of the total floor area
of the combined condo units. Once the 49% quota is full, some foreigners
open Thai limited companies which then purchase the condominium as an
asset.
Another legal requirement to register in foreign name is that the land
office will require a letter to show that the funds to buy your condo
were transferred into Thailand from abroad. If you have a bank account
in Thailand then this is easier, if not we can advise.
Please contact us with any questions
you may have.
For a range of other legal services please
click here
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