This comprehensive template contract includes both standard and optional clauses for the sale and purchase of a condominium unit in Thailand. The agreement ("SPA") is specifically drafted for the transfer of ownership of a foreign-owned condominium unit and outlines the terms and conditions of the sale between a foreign seller and a foreign buyer.
(Note: This comprehensive English-language template sale contract is intended for the resale of a foreign-owned condominium unit between foreign nationals in Thailand. It outlines the terms and conditions of the transaction, obligating the buyer to purchase and the seller to transfer ownership of the unit. The agreement includes specific provisions applicable to foreign ownership. Please note that purchasing an off-plan unit or a new condominium directly from a developer requires a different sale and purchase agreement format.)
This contract can be used as a draft or final agreement for the sale and purchase of a foreign-owned condominium unit in Thailand. The package includes: a comprehensive Sale and Purchase Agreement (SPA) template, step-by-step instructions and a pre-closing questionnaire to be completed by the seller.
The questionnaire is designed to be used before signing the SPA, helping the buyer gather important information from the seller regarding the condition of the unit, the condominium’s juristic person, and the applicable rules and regulations. This ensures you are fully informed prior to finalizing the deal.