FEES AND COSTS 
THAI REAL ESTATE TRANSACTIONS

Our law firm generally handles Thai property transactions on a flat fee basis. That is, our firm charges a set fee for handling the matter from beginning to end rather than on a retainer and open-ended hourly charge basis. In our experience, clients prefer to know exactly what their legal transactional costs will be before they decide to proceed. Flat fees are based on the location of the property to be bought or sold, not on the value of the property. Flat fee differentials are to account for additional time and travel expense involved in the property transfer.

In your Condominium or other property purchase, our firm's services may include, but not be limited to:

• Advise you in determining whether the asking price of the property is reasonably consistent with other similar properties in the area, where such comparisons are capable of being made.
• Advise you in negotiating the sales price, terms and conditions of sale and contract terms.
• Review and revise as necessary any sales contract tendered by the Seller or, if no contract is tendered by the Seller, produce a contract of sale for the specific property on the terms and conditions agreed, in English and Thai.
• Review and explain the condition of title and recorded title impediments to sale, if any.
• Assist you with setting up a Thai bank account for receipt of required inward remittances or, if logistically impossible due to the client’s absence from the Kingdom, allow use of our firm Trust Account for receipt and escrow of funds.
• Assist you in properly executing inward fund remittances so that they are in compliance with the requirements of Thai law and, just as important, so that you may repatriate the funds out of Thailand when and if you sell the property.
• Assist you in obtaining documentation from the receiving bank required for closing on the purchase and, for later remittance of funds out Thailand when and if you sell your property.
• Coordinate documentation and closing with all parties including Sellers, banks or other lenders holding recorded mortgage rights against the title, juristic persons for condominium units to obtain necessary documentation for closing and yourself as the Buyer.
• Prepare all documentation and paperwork for closing at the Land Department.
• Calculation of closing funds and assist you in issuance of funds in the proper form by your bank.
• Attend closing at the Land Department and handle all aspects of the transaction and transfer of title. Please note, you as the Buyer or Seller are welcome to attend the closing with us but, it is not required and, if your schedule or travel plans prevent your attendance, we can complete the transfer into or out of your name on your behalf acting under a Power of Attorney.
• Translation of closing documents and the title deed into English.
• Final meeting at our office if desired by client to review and deliver documentation and English translations and to answer any final questions you might have on either the property transaction or, such subjects as insurance, utilities, internet service, etc.

For a flat fee quotation for our firm to handle your property transaction, please email us at info@whiteweberlaw.com . Please include the general location of the property and the type of property being bought or sold. We are also happy to provide flat fee quotation for drafting and recording, leases, mortgages, usufructs and other property related legal instruments.

We welcome questions from prospective clients. If you have questions about your property ownership options in Thailand, let us share our knowledge and experience with you by Clicking Here.

Choosing a lawyer is an important decision and should not be based solely on advertising. We welcome specific inquiries regarding our services, experience and qualifications. Inquiries may be directed to our Thai and American legal staff by Clicking Here.

THAICONDOLAW.COM, THAICONDOLAWYER.COM, BKKCONDOLAW.COM AND BKKCONDOLAWYER.COM
are public information resources of White & Weber Ltd., Attorneys at Law. We are committed to making the confusing Thai property ownership system more understandable to, and more “user friendly” for, our clients and the general public. We are dedicated to protecting our client’s rights and promoting their understanding of those rights. Thailand is our home and we are happy to help you in making it your home as well.