DrJack54 Posted January 11, 2021 Share Posted January 11, 2021 So today off to land office for settlement of purchase of townhouse. Bank cheque and some cash in hand. Transfer into Thai partners name. She has her house book and her ID card. Apparently bank is not involved. Anything re heads up on what to expect or what else is required would be very much appreciated. Link to comment Share on other sites More sharing options...
patman30 Posted January 11, 2021 Share Posted January 11, 2021 if it is all going in partners name, all you need to do is go grab a coffee as you will not be needed if you are married you can now purchase together as a married couple (its not like it used to be) i had this purchasing land a few months ago 1 Link to comment Share on other sites More sharing options...
DrJack54 Posted January 11, 2021 Author Share Posted January 11, 2021 5 minutes ago, patman30 said: if it is all going in partners name, all you need to do is go grab a coffee as you will not be needed if you are married you can now purchase together as a married couple (its not like it used to be) i had this purchasing land a few months ago Thanks. Not married. Townhouse in her name only. I had a suspicion that I might need to show transfer from my Oz bank into my Thai bank or perhaps sign something to say I have no rights to the property or declare that the money was a gift etc. Seems not to be the case. Link to comment Share on other sites More sharing options...
patman30 Posted January 11, 2021 Share Posted January 11, 2021 9 minutes ago, DrJack54 said: Thanks. Not married. Townhouse in her name only. I had a suspicion that I might need to show transfer from my Oz bank into my Thai bank or perhaps sign something to say I have no rights to the property or declare that the money was a gift etc. Seems not to be the case. depends on value and land office used as with everything here it varies office to office when we bought land (10 rai) few months back, we paid in cash (request of seller) nothing was requested in regards to source of funds etc. few years back we purchased another plot of land where my wife was asked for source of funds, as she was married, but i was not present so we put in her mums name as the MIL was not married on paper (only village ceremony) the MIL did not have to show source of funds if she was legally married (to her thai hubby) then source of funds would have been required whether Thai or ferang hubby 1 Link to comment Share on other sites More sharing options...
DrJack54 Posted January 12, 2021 Author Share Posted January 12, 2021 So update on my visit to land office yesterday. As I have been told, property transfer in Thailand is a walk in the park, however it almost went pear shaped. The cashier cheque was made from my Thai bank and the land clerk wanted me to sign a waiver to any rights over the property (we are not married). The snag was that he wanted my passport. By shear luck I remembered that I had a photo on my phone of identity page. Felt pretty foolish that I did not bring along my passport. We were in the land office (Srinakharin) for 90minutes. 1 Link to comment Share on other sites More sharing options...
LukKrueng Posted January 12, 2021 Share Posted January 12, 2021 On 1/11/2021 at 10:24 AM, patman30 said: depends on value and land office used as with everything here it varies office to office when we bought land (10 rai) few months back, we paid in cash (request of seller) nothing was requested in regards to source of funds etc. few years back we purchased another plot of land where my wife was asked for source of funds, as she was married, but i was not present so we put in her mums name as the MIL was not married on paper (only village ceremony) the MIL did not have to show source of funds if she was legally married (to her thai hubby) then source of funds would have been required whether Thai or ferang hubby For Thai married people the land office doesn't ask for source of funds, but for the spouse's consent for buying (and later selling) the property) Link to comment Share on other sites More sharing options...
stubuzz Posted January 12, 2021 Share Posted January 12, 2021 On 1/11/2021 at 6:02 AM, patman30 said: if you are married you can now purchase together as a married couple (its not like it used to be) i had this purchasing land a few months ago Can you explain. My wife was given a waiver for me to sign in August. I am not in the country so the property was transferred to another family member. I will sign the waiver and transfer to my wife when i get back. Link to comment Share on other sites More sharing options...
chilly07 Posted January 12, 2021 Share Posted January 12, 2021 The advantage of having a bank involved even with a small loan is that they double check everything at the land office Link to comment Share on other sites More sharing options...
Postmaster Posted January 12, 2021 Share Posted January 12, 2021 Farangs need a Tor Tor 3 from their bank showing FTT's foreign transfers inward and it has to be an accurate amount I believe. Your selling agent will advise you. However if the transfer is to a Thai I not certain whether source of funds is needed. Link to comment Share on other sites More sharing options...
2530Ubon Posted January 12, 2021 Share Posted January 12, 2021 (edited) Ooops... waiting for delete - Wrong info Edited January 12, 2021 by 2530Ubon wrong info Link to comment Share on other sites More sharing options...
brianthainess Posted January 12, 2021 Share Posted January 12, 2021 On 1/11/2021 at 9:47 AM, DrJack54 said: So today off to land office for settlement of purchase of townhouse. Bank cheque and some cash in hand. Transfer into Thai partners name. She has her house book and her ID card. Apparently bank is not involved. Anything re heads up on what to expect or what else is required would be very much appreciated. To pay land tax cant remember now 2% or 5% think 2% Link to comment Share on other sites More sharing options...
khunPer Posted January 12, 2021 Share Posted January 12, 2021 On 1/11/2021 at 4:11 AM, DrJack54 said: Thanks. Not married. Townhouse in her name only. I had a suspicion that I might need to show transfer from my Oz bank into my Thai bank or perhaps sign something to say I have no rights to the property or declare that the money was a gift etc. Seems not to be the case. In some cases a land office has asked the foreigner, and I think it's mainly when the couple were married, to sign that he had no claim of funds or rights (or something like that) in the property. It vary from office to office, what they wish; probably nothing from you, as you are not married to the new property owner...???? Link to comment Share on other sites More sharing options...
DrJack54 Posted January 12, 2021 Author Share Posted January 12, 2021 2 hours ago, brianthainess said: To pay land tax cant remember now 2% or 5% think 2% They way this deal worked is the sale was from owner direct. I was more than happy with the price so was not going to haggle. The sweetener was that the transfer costs were covered by him 100% so no idea of the land tax cost. Link to comment Share on other sites More sharing options...
DrJack54 Posted January 12, 2021 Author Share Posted January 12, 2021 2 hours ago, khunPer said: In some cases a land office has asked the foreigner, and I think it's mainly when the couple were married, to sign that he had no claim of funds or rights (or something like that) in the property. It vary from office to office, what they wish; probably nothing from you, as you are not married to the new property owner...???? Yes probably depends on office (same as immigration) however the land office was adamant I sign the waiver and show passport. Screenshot worked. 1 Link to comment Share on other sites More sharing options...
DrJack54 Posted January 12, 2021 Author Share Posted January 12, 2021 3 hours ago, Postmaster said: Farangs need a Tor Tor 3 from their bank showing FTT's foreign transfers inward and it has to be an accurate amount I believe. Your selling agent will advise you. However if the transfer is to a Thai I not certain whether source of funds is needed. The source of funds was not questioned. Guess different story if it was condo going into my name. 1 Link to comment Share on other sites More sharing options...
Andycoops Posted January 13, 2021 Share Posted January 13, 2021 My experience at the land office is long waits and much form filling. Link to comment Share on other sites More sharing options...
patman30 Posted January 13, 2021 Share Posted January 13, 2021 23 hours ago, LukKrueng said: For Thai married people the land office doesn't ask for source of funds, but for the spouse's consent for buying (and later selling) the property) yes, if you read my point they do ask for source of funds etc. if a married individual trying to purchase ie. a married person buying in their own name without their partner 23 hours ago, stubuzz said: Can you explain. My wife was given a waiver for me to sign in August. I am not in the country so the property was transferred to another family member. I will sign the waiver and transfer to my wife when i get back. you are not in the country, so you cannot purchase WITH your wife so as above she is a married individual making the purchase, as you are not present so they want source of funds and a waiver signed as she is spending your money and having it put in her name only may differ office to office but we recently purchased land as a married couple as i was here with my wife no source of funds was needed (paid cash for 10 rai) no waiver signed Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now