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Deposits & Contracts

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Deposits & Contracts

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Answers About Deposits & Contracts

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2026-09-30 Should the reservation deposit be held in escrow, and by whom?

Yes, an escrow arrangement with a neutral third party is strongly recommended. The deposit agreement should name the escrow holder, specify the amount and payment deadline, and set a clear timeframe for independent lawyer review. It should outline exact conditions under which the deposit is refundable or credited toward the purchase, and what happens if title checks or due-diligence fail. The contract should also describe the process and conditions for rel…

2026-09-15 Which contract clauses most commonly catch buyers out and need independent review?

Several clauses tend to trip buyers if not checked with an independent lawyer. Key items include the exact property and ownership type described in the contract, transfer date and payment schedule, and who pays which taxes and fees. Look for the scope of included items (fixtures and fittings), penalties for late payments or withdrawal, and any guarantees or warranty terms. Check default remedies and dispute resolution mechanisms, and whether the contract a…

2026-09-12 What terms should I insist on for a reservation deposit to protect my due diligence?

If you decide to pay a reservation deposit, make sure the terms are explicit and protect your due diligence. Key safeguards include: a written agreement that clearly identifies the property, the price, the deposit amount, and payment deadline; a defined timeframe for independent lawyer review (with a possible extension if more time is needed); a strong subject-to-lawyer-review clause stating that the deal depends on clear title, ownership verification, and…

2026-07-31 What should buyers confirm about fees, taxes and responsibilities connected with deposits and contracts?

For deposits and contracts in Thailand, the safest approach is to separate practical suitability from the legal, tax and contract points that must be verified independently. Start by separating what the seller or developer says from what the title documents, contract, land-office records and independent advisers can verify. Ownership structure, building rights, taxes, transfer steps and ongoing control are related but not interchangeable questions. Deposit…

2026-07-30 What records help a buyer verify the history and current status of deposits and contracts in Thailand?

For deposits and contracts in Thailand, the safest approach is to separate practical suitability from the legal, tax and contract points that must be verified independently. Start by separating what the seller or developer says from what the title documents, contract, land-office records and independent advisers can verify. Ownership structure, building rights, taxes, transfer steps and ongoing control are related but not interchangeable questions. For dep…

2026-07-28 Which questions about deposits and contracts should be answered before money is transferred in Thailand?

For deposits and contracts in Thailand, the safest approach is to separate practical suitability from the legal, tax and contract points that must be verified independently. Start by separating what the seller or developer says from what the title documents, contract, land-office records and independent advisers can verify. Ownership structure, building rights, taxes, transfer steps and ongoing control are related but not interchangeable questions. For dep…

2026-07-27 What documents should a buyer expect to review when researching deposits and contracts in Thailand?

For deposits and contracts in Thailand, the safest approach is to separate practical suitability from the legal, tax and contract points that must be verified independently. Start by separating what the seller or developer says from what the title documents, contract, land-office records and independent advisers can verify. Ownership structure, building rights, taxes, transfer steps and ongoing control are related but not interchangeable questions. For dep…

2026-07-25 How should a buyer check that advice about deposits and contracts applies to the exact property and transaction?

For deposits and contracts in Thailand, the safest approach is to separate practical suitability from the legal, tax and contract points that must be verified independently. Start by separating what the seller or developer says from what the title documents, contract, land-office records and independent advisers can verify. Ownership structure, building rights, taxes, transfer steps and ongoing control are related but not interchangeable questions. For dep…

2026-07-23 Why should legal ownership, building rights and day-to-day control be checked separately?

For deposits and contracts in Thailand, the safest approach is to separate practical suitability from the legal, tax and contract points that must be verified independently. Start by separating what the seller or developer says from what the title documents, contract, land-office records and independent advisers can verify. Ownership structure, building rights, taxes, transfer steps and ongoing control are related but not interchangeable questions. For dep…

2026-07-20 Deposits & Contracts: what should be written into a deposit or contract to avoid pitfalls when buying in Hua Hin?

Deposits and contracts should separate practical use from the legal and financial checks that must follow. A clear contract protects both sides and reduces risk if plans change. Ensure the agreement separately documents the parties, exact property, price, payment timetable and a definite transfer date, plus who bears taxes and fees. Include a comprehensive list of included items, such as fixtures and fittings, and set default rules, dispute processes and r…

2026-07-18 How can a foreign buyer separate ownership structure from practical property use?

For deposits and contracts in Thailand, the safest approach is to separate practical suitability from the legal, tax and contract points that must be verified independently. Start by separating what the seller or developer says from what the title documents, contract, land-office records and independent advisers can verify. Ownership structure, building rights, taxes, transfer steps and ongoing control are related but not interchangeable questions. Be care…

2026-07-17 Which parts of deposits and contracts require independent professional advice in Thailand?

For deposits and contracts in Thailand, the safest approach is to separate practical suitability from the legal, tax and contract points that must be verified independently. Start by separating what the seller or developer says from what the title documents, contract, land-office records and independent advisers can verify. Ownership structure, building rights, taxes, transfer steps and ongoing control are related but not interchangeable questions. A prope…

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