Reselling an apartment in Thailand
Condo Reselling in Thailand
Selling and buying an apartment in Thailand is already explained. Reselling a condo is easy if you follow these basic steps regarding ownership and selling a property in Thailand.
Search by name
Similar to checking by name for a new condo project, this step is important to verify the status of the land on which the building is located. Generally, for a functioning condominium, the land should not be mortgaged; if so, the buyer should know their rights to use such land.
Sale Agreement
Suppose you buy a condominium from an individual. In that case, the purchase agreement is usually a ready-to-use contract (an agreement that is not specifically written for sale between buyer and seller).
Payment
The norm is that the buyer pays the property's full value to the seller after the title transfer at the Land Department.