Similar to a title search for a new condominium project, this step is essential for a purpose of verification of status of the land where a building is located. Normally, as a used condominium, a land shall not be under mortgage, or, if it is, the buyer would acknowledge his position over such land.

If you buy a condominium from an individual, a sales agreement normally is a ready-to-use contract (An agreement which is not especially drafted for the sale between buyer and seller).

A norm is that a buyer shall pay a full price of property to a seller upon a transfer of ownership at the Land Department.

To buy a condominium, a buyer (or a seller, or both parties, depending on an agreement between parties) shall be responsible for a registration fee, a stamp duty (in case of having owned the property for more than 5 years) or a special business tax (in case of having owned the property for less than 5%), and a withholding tax.

Can Foreigners Really Own Property in Thailand?

Marriage Property in Thailand

Thai Limited Company

Buying a Condo in Thailand

Selling your Condominium

Thai Title Deeds