Property Services in Thailand
Buying a property in Thailand involves various legal complications and careful consideration of several
factors. BLS, one of the most reliable legal experts in Thailand, helps you with the required guidance,
complete know-how of buying a property in Thailand. It hand-holds you right from the beginning of the
process, until the end, so that you don’t face any complications throughout the process.
Important Considerations while Purchasing a Property in Thailand
- Confirming that the title document is in order
- Doing a search on the title and the relevant documents of the land
- Confirming the lack of mortgage, and that of other encumbrances
- Ensure that the seller is the existing owner of the land.
- Ensuring whether there are any restriction/restrictions on the development of the land.
- Checking actions against the seller in both, the Central Bankruptcy Court as well the court.
Due Diligence Required
- Physically inspecting the land or the property
- Conducting research on the Seller or the developer’s credential.
- Inspecting building permits
Preparing the Sale and Purchase Agreement
- Examining and verifying the sales agreement
- Putting forth your comments on clauses mentioned in the sales agreement
- Negotiating the modifications required in order to protect your interest.
Transferring or Registering the Title
- Preparing the application and the supporting documents required.
- Registering, on your behalf, at the Land Department.
Registering a Thai Company
- Drafting, reviewing and registering the Objectives and the Articles of Association;
- Obtaining the Company Registration Certificate and Affidavit
- Applying for the Taxpayer Identification Number (TIN).
- Translating the required company registration documents, such as the Certificate of Incorporation and the Articles of Association into English.
Irrespective of the location of your property purchase, BLS offers comprehensive property services to ensure that your property purchase procedure is smooth, and your interests are safeguarded. For additional insights on the property services in Thailand, get in touch with today.
