Important Checklist Before Buying a Property in Pattaya

Highlight Real Estate Legal Services:

1. Full Property Acquistiontion Package THB 45,000 (includes a. Due Diligence b. Sale anb Purchase Agreement c. Conveyance Registration) https://www.w-lawthai.com/en/product/property-acquisition-package-en/
2. 30 Years Leasehold Package THB 35,000 (includes a. Lease Agreement b. Lease Registration) https://www.w-lawthai.com/en/product/30-years-leasehold-registration/
3. Sale and Purchase Agreement THB 18,000 https://www.w-lawthai.com/en/product/review-condominium-sale-and-purchase-agreement-en/
4. Condominium Due Diligence THB 18,000 https://www.w-lawthai.com/en/product/lawyer-property-due-diligence/
5. Property Registration at Land Office THB 18,000 https://www.w-lawthai.com/en/product/property-lawyer-proceeding-registration-at-land-office/

For further information please contact:

Tel: (66) 026485111

Line: @wlaw

Email: contact@w-lawthai.com

Bangkok Office: 989 Siam Piwat Tower 12A Floor, Unit B1-B2, room no. 1252, Rama I Road, Pathumwan Sub-District, Pathumwan District, Bangkok Metropolis 10330 THAILAND

Pattaya Office : 333/102 Moo 9 Central Festival Pattaya Beach 4th Floor, unit RMU411, Nongprue,  Banglamung, Chonburi Province 20150

Phuket Office: 63/202 Moo 2 Royal Phuket Marina, MC2 Building, Room No. 023, Thepkasattri Road, Kohkaew District, Muang Phuket District, Phuket Province 8300

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Important Checklist Before Buying a Property in Pattaya

Pattaya is an attractive city either for stay, vacation, or investment, as a result Property Business in Pattaya keeps growing after the pandemic.

We would like to provide some legal advice for your consideration when you are making decision to buy any property.

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1. Due Diligence

This part is very important that always been skipped, it is the most important part that you will know whether you have any risk from buying such property.

Concerning issues such as the legitimacy of ownership of current owner, it happens in many cases that the seller as you have seen.

is not actually an owner, you may have paid the deposit to the wrong person, seller may have been being enforced in any court case, during legal execution which may cause the risk to you that the property that you’re buying is going to be enforced by seller’s creditor, the outstanding maintenance fee is also another issue to be concerned, and certainly there are still many issues that have not yet been mentioned.

2. Sale and Purchase Agreement

To make sure you have entered into the sale and purchase agreement that you are properly protected, there are many legal issues that you may have missed, such as, as you are the buyer if you fail to pay remaining balance your deposit will be confiscated, notwithstanding, what will happen if Seller change his mind or sell to other 3rd party who pays higher, usual agreement always

written that Buyer will be refunded if Seller breaches, actually we can make the Seller to be responsible for the penalty from breach beside the return of deposit, this is just an example point that many people have missed.

3. Transfer Registration

Registration part should be as smooth as possible as Seller expects to get money and Buyer expects to get the property. There are many situations that the registration transactions have been postponed several times due to missing of some document, if you appoint this part of work to the right person your deal will be so smooth.

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We, W Law International (Thailand) provide legal service for property acquisition package which covers (1) Due Diligence (2) Draft/Review Sale and Purchase Agreement (3) Transfer registration.

Our Property Acquisition package fee: https://www.w-lawthai.com/en/product/property-acquisition-package-en/

Free Consultation Please contact https://www.w-lawthai.com/en/form-2/