Transfer & Project Law
Preparing for leasehold transfer and contract risks
- Steps a condo developer must complete before transferring ownership of condominium unitsThe sequence of legal and documentation work before transferring condominium units, including the 3.3% SBT that developers should set aside in reserveStage 3 Construction, Stage 4 Transfer & Closing
- Preparation before transfer and registration of leasehold rights in condominium projectsPreparing the accounting, tax, legal and cash workstreams before a freehold transfer or leasehold registrationStage 4 Transfer & Closing
- Alternatives to leasehold for foreign investorsComparing usufruct, superficies, escrow and SPVs, with the limits under Thai lawStage 2 Funding & Presale, Stage 5 Exit & Hold
- Condo transfer fees and taxes at the land officeSBT, WHT, transfer fee, mortgage registration fee and a transfer-day cash example for project developersStage 4 Transfer & Closing
- When a project stops after down payments are received: buyer rights and risk protectionGeneral principles on buyer rights, ranking of creditors, escrow and what to check before payingStage 2 Funding & Presale, Stage 3 Construction
- When a project is delayed: the effect of expiring tax loss carry-forwardThe effect of delayed transfers on the 5-year tax loss, the financial statements, CIT and the cash gap, with an exampleStage 3 Construction, Stage 4 Transfer & Closing
- Selling a condo like a pro: taxes and costs for individual sellersTransfer fee, SBT, stamp duty, WHT and a cost example when an individual sells a condoStage 5 Exit & Hold
- Condominium and leasehold for foreign buyers: approaches that work in practice49% freehold quota, 30-year leasehold, usufruct and risk-reduction measures before transferStage 2 Funding & Presale, Stage 4 Transfer & Closing