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Condo buying - Bank Loan and Guarantor

milkycheese
in Real Estate, Housing, House and Land Ownership

Featured Replies

Hi All,

I recently paid 500,000thb off a condo and due to work changes cannot pay off as quickly as I would have liked. Thus my fiance applied for a loan from the bank with me as guarantor. I am understanding the condo will be held by the bank until the loan is repaid, however will it be solely owned by me as I made the payments through my partner?

What legal protection can I put in place against her getting the condo when all is paid so the condo is solely mine after final payment and then apply for the deeds at the land registry at the end? Please advise would be much grateful incase i make any mistakes at the beginning! wai2.gif

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