Legal considerations
What you need to know about selling property in Thailand
What you need to know about selling property in Thailand
What you need to know about selling property in Thailand
How your property is legally owned determines how the sale is carried out:
The title can be transferred directly to a qualifying foreign buyer.
The remaining registered lease term is assigned to the buyer. The assignment must be precise to protect the value of the property.
The sale involves a transfer of the company's shares, which requires careful corporate due diligence.
Gather these documents in advance so that the sale is not held up:
Original title deed (Chanote or equivalent)
Passport or Thai ID card of every registered owner
House registration book (Tabien Baan) where applicable
Marriage certificate or spousal consent, if relevant
Debt-free certificate from the condominium juristic person
Company documents and board resolution for company-held property
Proof that utility bills and common area fees have been paid
Buyers expect full transparency. Prepare for their due diligence as follows:
Confirm that the title deed is clean and free of mortgages or liens
Settle outstanding common area fees, taxes and utilities
Gather building permits and any renovation approvals
Check the foreign ownership quota if the buyer is not Thai
Resolve any boundary or access issues before listing
Our brokers in Thailand recommend that you appoint your own real estate lawyer to protect your financial and legal interests during the transfer.