What Remedies Should I Include If the Transfer Date Slips or Checks Fail?

The contract should set clear remedies for delays or failed due-diligence. Include explicit transfer-date deadlines, penalties or extensions, and who bears taxes and fees if timing shifts. Add what happens to deposits or reservation money if a later date is needed, and whether refunds are possible if key checks fail. Require dispute-resolution steps and a mechanism to adjust the contract if title or approvals aren’t satisfactory. Ensure there is a right to terminate with a refund if essential due-diligence conditions aren’t met, and consider escrow or staged payments as protections. Have an independent Thai lawyer review the contract to confirm ownership type, transfer steps, and that all critical checks (title, permits, encumbrances) have specified remedies. In short, write in the contract how delays, failures and renegotiations will be handled to avoid ambiguous, costly disputes later.