Which Items Are Commonly Listed on a Closing Statement for Transfers?

A typical Thai transfer closing statement itemises items such as transfer fee, withholding tax, stamp duty or specific business tax, and legal costs tied to the transaction. Depending on the deal, buyers and sellers may share or assume different charges, so there should be a written schedule in the contract rather than a verbal arrangement. Common items that often appear include agent commissions, registration or land-office fees, and any charges for due diligence, title search, and title deed transfer. In condos, maintenance charges may be shared differently than in land transfers. Government incentives or temporary fee reductions should be checked if applicable. Before money moves, ask for a detailed, written estimate breaking down who pays each item and note the basis for calculations (rates, thresholds, and whether tax exemptions apply). Having an independent Thai lawyer review the closing statement helps ensure accuracy and prevent unexpected costs at transfer.