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LATEST LEGAL PROPERTY ADVICE

Here is the latest information on legal requirements for the sale and purchase of property in the Chonburi area. We manage all aspects of the transactions on behalf of clients with the help of experienced lawyers. This information is provided for those with some previous experience who wish to be aware of recent developments and requirements in advance. In every case, we look after all our clients’ interests.

  • Condominiums can be either available in a foreign name (provided they are either already in a foreign name or the building is below 49% foreign ownership) or they must be put in a Thai name or a company name (our lawyers can advise on all the details for company ownership).
  • Houses (or more precisely the land they sit on) can only be bought in a Thai name or company name (again our lawyers advise on all the details for company ownership).

For Condominiums in Foreign Name

(Buyer’s Requirements)

  • a Tor Tor 3 for at least the minimum government estimated value of the condo
  • two copies of his/her passport with signatures in blue ink
  • two copies of his/her current visa with signatures in blue ink
  • his/her portion of the transfer fees in cash (if applicable)
  • his/her remaining balance of the purchase amount in cashier’s cheque or cash

(Seller’s Requirements)

  • the original copy of the title deed (chenoud)
  • two copies of his/her passport with signatures in blue ink
  • two copies of his/her current visa with signatures in blue ink
  • his/her portion of the transfer fees in cash (if applicable)
  • document from the condo showing that the foreign ownership is under 49% in the building
  • document from the condo showing that all maintenance fees have been paid to date

For Properties Being Sold into a NEW Company

(Buyer’s Requirements)

  • a new Thai registered company with at least one copy of the company papers, signed and stamped, plus original company stamp
  • two copies of his/her passport with signatures in blue ink
  • two copies of his/her current visa with signatures in blue ink
  • his/her portion of the transfer fees in cash (if applicable)
  • prepared company minutes with a document showing that all shareholders are allowing this purchase to take place
  • remaining balance of the purchase amount in cashier’s cheque or cash

(Seller’s Requirements)

  • if it’s being sold from a previous company as opposed to a Thai national, at least one copy of the company papers, signed and stamped, plus original stamp
  • two copies of his/her passport with signatures in blue ink
  • two copies of his/her current visa with signatures in blue ink
  • his/her portion of the transfer fees in cash (if applicable)
  • prepared company minutes with a document showing that all shareholders are allowing this purchase to take place
  • if a condo, a document from the condo showing that the foreign ownership is under 49% in the building
  • if a condo, a document from the condo showing that all maintenance fees have been paid up to date

For Properties Being sold where there is an existing company owning the property

(Buyer’s and Seller’s Requirements)

  • the land office is not involved as the requirement is simply to change the name(s) of the Managing Directors of the company. This can be achieved very easily by our lawyers

The above is for guidance only and all property transactions require expert individual attention as in any country. For this reason, we use experienced lawyers to protect our client’s interests. Please refer to the ‘Legal Services’ section on our website for a list of all our legal services:

  • company formation
  • visas (‘B’ type, retirement, travel etc.)
  • litigation
  • powers of attorney
  • notary public services
  • accounting services
  • income tax filing
  • tax planning
  • VAT registration
  • work permits
  • retirement planning
  • school fees
  • insurance

This is not an exhaustive list and over the years we have assisted clients with all manner of legal matters. Our ‘Useful Information’ section also offers more general information but we recommend you contact us for full details.

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