mauroest Posted May 31, 2018 Share Posted May 31, 2018 Before deposit to real estate, how to be sure that the condo owner has not loan, debts, mortgage, shared this property with ex wife, etc ? (foreign name, foreign owner and ex wife) Link to comment Share on other sites More sharing options...
Peterw42 Posted May 31, 2018 Share Posted May 31, 2018 You can go to the land office and get information on the current Chanote, real estate should be able to help, or at least supply a copy of chanote, loans and mortgages are listed on the back. You wont be able to complete the sale/transfer at the land office if there is any mortgage, loan etc. So unless its an elaborate scam to get your deposit, people wont try and sell an encumbered property (or the bank will also be at the land office). Otherwise pay a small deposit and a clause in the sale contract that your deposit is refunded if sale does not go through, and not your fault. is a good idea. Link to comment Share on other sites More sharing options...
mauroest Posted May 31, 2018 Author Share Posted May 31, 2018 thank you. Yes the clause is a good idea Link to comment Share on other sites More sharing options...
mauroest Posted June 2, 2018 Author Share Posted June 2, 2018 ''due diligence'' by Lawyers costs 20.000 THB Link to comment Share on other sites More sharing options...
KittenKong Posted June 2, 2018 Share Posted June 2, 2018 Why pay 20,000B to a lawyer for something that the Land Office does for free? Link to comment Share on other sites More sharing options...
mauroest Posted June 3, 2018 Author Share Posted June 3, 2018 10 hours ago, KittenKong said: Why pay 20,000B to a lawyer for something that the Land Office does for free? from abroad ? ...... Due diligence on completed condominium unit Condominium Unit Ownership verification Legal status of owner Debt / encumbrance / attachment to the unit (if any) Juristic Person / Management Committee Utilities rate /fee and annual management fee Pending lawsuit at Pattaya Court (if any) Common facilities Others (if any) Link to comment Share on other sites More sharing options...
KittenKong Posted June 3, 2018 Share Posted June 3, 2018 from abroad ? ...... Due diligence on completed condominium unit Condominium Unit Ownership verification Legal status of owner Debt / encumbrance / attachment to the unit (if any) Juristic Person / Management Committee Utilities rate /fee and annual management fee Pending lawsuit at Pattaya Court (if any) Common facilities Others (if any) Would anyone in their right mind buy a condo in Thailand without seeing it first, or from abroad? I wouldn't. And for me seeing the unit would also involve checking the common fees and facilities and general state of the building. The front office will provide all necessary information about this for free. Everything to do with debts, liens and the status of the owner is checked by the Land Office at the time of the transfer. So that just leaves the pending lawsuits at the local court for a lawyer to check. 20kB seems a lot to pay for that, and I'm not even sure that a lawyer would actually check it anyway. Still it's your money so by all means spend it on that if you like. Link to comment Share on other sites More sharing options...
mauroest Posted June 3, 2018 Author Share Posted June 3, 2018 I am not so crazy to buy it by email, not yet ? Link to comment Share on other sites More sharing options...
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