In general, purchase agreements are drafted for two main purposes, namely for the purchase of movable and immovable property.
Immovable property denotes land and objects fixed permanently to the land or forming a body therewith. It includes real rights connected with land or objects fixed to or forming a body with land. Unlike movable property purchase agreement, immovable property purchase agreement must be made in writing in all instances, otherwise the sale will be considered void and it would be dismissed by court in case of a legal dispute.
Executing a property purchase agreement can be a complex legal matter and requires an experienced attorney to help avoid the pitfalls that may result in future disputes and litigation.
Acclime can provide comprehensive drafting and/or review of your purchase agreement. Our lawyers have extensive experience with land and property conveyance in Thailand and can guide you through the process quickly and easily.
As a leading provider of corporate services, we specialise in covering everything startups and established companies need to successfully start and operate their new business in Thailand. By seamlessly navigating our clients through the complexities of Thai bureaucracy, we allow them to fully focus on their business and operate it with peace of mind.