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- Conducting a search on the title and relevant documents of the land;
- Ascertaining that the title document is in order;
- Ensuring that a seller is the current owner of the land;
- Confirm the lack of mortgage on the property, and the lack of further encumbrances,if any, on the land;
- Check actions against the seller in both local courts and the Central Bankruptcy Court.
- Verifying whether there is any restriction on the development of the land ;
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| 2) Prepare the Sale and Purchase Agreement |
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- Verifying the sales agreement;
- Providing comments on clauses of the sales agreement;
- Negotiate modifications as needed to protect your interest
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| 3) Registration of Transfer |
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- Preparing the application and supporting documents required for the registration of the transfer of ownership of the property for you as a foreign buyer;
- Registering, on your behalf, at the Land Department.
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| 4) Registration of Thai Limited Compnay for Land Ownership |
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- Draft, review and registration of the Objectives and the Articles of Association;
- Obtain the Company Registration Certificate and Affidavit
- Apply for Taxpayer Identification Number
- Translate the company registration documents, such as the Certificate of Incorporation and the Articles of Association into English.
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| 5) Obtaining a Loan from Bangkok Bank in Singapore |
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- Preparing the application and supporting documents required to obtain a loan from Bangkok Bank (Singapore Branch)
- Verifying the loan agreement.
Siam Legal
Thailand’s Largest Legal Service Network with eight locations across Thailand. You can visit anyone of our offices for a free consultation regarding property, legal or immigration matters. Call our attorneys or solicitors directly in Bangkok at + 662 253-8100 for telephone consultation or click here for a free copy of our Thailand Property Report for your real estate purchase in Thailand.
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