Buying

What are the important documents when thinking to purchase a condominium in Thailand?

The Quotation

This document shows the details of the condominium unit purchased and the buyer(s) details. The quotation will also specify the terms and conditions associated with the purchase of the condominium unit.

The Sales and Purchase Agreement

It is the official contract between the buyer and the developer. This is your proof of purchase. It is very important to safely store the original copy.

The Official Receipt(s)

These are your proofs of payment to the developer. It’s proof that your transfer successfully reached the developer’s account.

The Credit Advice/FETF

It is the official document from the receiving Thai bank issued for each overseas transfer that you did. It is required by the Land Department for the transfer of ownership.

The Bank Guarantee Letter

It is the official document from the receiving Thai bank proving that funds are coming from overseas. This letter goes along the credit advice/FETF. It is required by the Land Department for the transfer of ownership.

The Title Deed (Chanote)

The official proof of ownership of the condominium unit. On the front side, this document shows the details of the condominium unit (project name, address, size, unit number, floor.) The details of the owner are shown on the back side.

Front side:

Back side:

Check our blog post – How to Buy a Condominium in Thailand

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