How does the conveyancing/selling process work in Thailand

[henryford1958]

I am looking to sell my condo !! and use the proceeds to buy another property. How does the conveyancing process work here? I presume the buyer/seller meet at the Land Office, the buyer hands over the cash and the seller gives him the chanote. But then does the buyer expect the seller to move straight out? I could not commit to buying another property until my sale was complete, with the cash in hand. Are you expected to move into temporary accommodation, and store your belongings, until you can complete a purchase?

In the UK the lawyers would arrange a simultaneous exchange of contracts so you moved out and in on the same day.

[bkk6060]

Depends on the situation 100,000's units for sale out there many are empty so available for quick move in.  If not, negotiate something with the buyer/seller.

[Peterw42]

1 hour ago, henryford1958 said:

I am looking to sell my condo !! and use the proceeds to buy another property. How does the conveyancing process work here? I presume the buyer/seller meet at the Land Office, the buyer hands over the cash and the seller gives him the chanote. But then does the buyer expect the seller to move straight out? I could not commit to buying another property until my sale was complete, with the cash in hand. Are you expected to move into temporary accommodation, and store your belongings, until you can complete a purchase?

In the UK the lawyers would arrange a simultaneous exchange of contracts so you moved out and in on the same day.

It doesn't work like the UK, you move out the day you sell, whether you have another property lined up or not. The buyer wont care less if you are waiting to purchase elsewhere. There are no chain settlements or moves.

[CallumWK]

1 hour ago, henryford1958 said:

Are you expected to move into temporary accommodation, and store your belongings, until you can complete a purchase?

 

Why you think anyone would pay you in full, and then accept that you continue living there rent free until you find a new place that meets your expectations?

 

[henryford1958]

48 minutes ago, CallumWK said:

 

Why you think anyone would pay you in full, and then accept that you continue living there rent free until you find a new place that meets your expectations?

 

 

I don't. I just wondered what people normally do after selling, go into rented accommodation for a few months. But then you have to store your belongings (where) and maybe take out a long lease before you can even start looking for a new property.