Transferring property titles in Thailand can be a complex process, but the following steps will generally apply:
1. Check the property’s title: Ensure that the title is legitimate and free of encumbrances, such as mortgages or liens.
2. Draft a sale agreement: The seller and buyer must agree on the terms and conditions of the sale, including the purchase price and payment terms.
3. Pay taxes and fees: The buyer must pay the transfer fee, which is typically 2% of the appraised value of the property, as well as any applicable taxes.
4. Obtain approval: If the property is located in a restricted zone, such as near a military base or national park, the transfer must be approved by the relevant government agency.
5. Transferring ownership at the Land Department: Both the buyer and seller must go to the local Land Department office to complete the transfer. The seller must present the title deed, identification documents, and any other relevant paperwork. The buyer must present their identification documents, proof of payment of taxes and fees, and the sale agreement.
6. Register the transfer: The Land Department will record the new ownership and issue a new title deed in the buyer’s name following the completion of the transfer.
It is important to work with a reputable lawyer or real estate agent who is familiar with Thai property laws and regulations to ensure that the transfer process is smooth and legal.