When you fall in love with Phuket Province’s pristine ocean and beautiful sky and decide to buy or lease a home for long-term residence and/or investment, we strongly advise you to seek out Property Lawyers in Phuket who are true experts in the real estate field.
Why?
Because, in our more than 12 years of experience and expertise, we have always encountered a legal issue or dispute between the Buyer and the Seller/Developer here. The Developer cannot finish the building, the title deed cannot be issued even if the construction is complete, the agreement is made with the wrong individuals, the quality is not as stated in the agreement, the SPA has not adequately secured the Buyer, and so on. Some people who cause damage may lose more than 100 million Baht.
Again, any property transaction here should be handled by a lawyer. Also, yay! We are ready to help you with any legal issues that arise over the course of a real estate transaction. The following are the most essential reasons why you should hire property lawyers in Phuket.
Because Lawyers Know Phuket Better Than You!
In comparison to Bangkok and other provinces, the situation in Phuket is quite different. As a result, you will require the assistance of local property lawyers in Phuket to guide and secure your transaction.
The majority of property issues in Phuket are always related to foreigners who want to buy or invest here. If both parties are Thai, the law and the court’s perspectives are substantially different.
A few of the most common issues are listed below:
- The construction is behind schedule (very long-time delay in Phuket).
- The construction appears to be incomplete (it is now just an empty plot of land!).
- The work is complete, but for some reason, the condominium is unable to give the ownership deed (even it has EIA already).
- The size of the land, villa, or condominium is larger or smaller than stated in the agreement.
- The building is finished, and the title deed has been issued, but for whatever reason, the government needs to revoke the title deed.
- When an issue arises, the Sale and Purchase Agreement becomes invalid or less secure.
- Leaseholds are not renewable or assignable.
So, isn’t it a good idea to contact a real estate lawyer for the reasons stated above?
They Have Strong Connections with Local Authorities
In Thailand, knowing “Who” is just as crucial as knowing how to do something. That is why you require the services of a lawyer who is always in contact with local government officials.
Property Lawyers in Phuket typically collaborate with the Land Office, Municipality Office, District Office, Department of Business Development, Civil Work Department, local bank, real estate agent, and the Court.
As a result, a local lawyer with solid connections can go through a lot of data to protect your transaction and foresee the worst-case scenario. You can also use their link to simplify your process from difficult to simple.
They Have Deep Knowledge About The Projects & Developers
Because they always handle cases in the local region, they have access to information about the Seller, Developer, and Project that you want to buy and can tailor it to your needs.
Some projects appear to be large and stable, but they have cash flow issues. Furthermore, some of the sellers have numerous projects in Phuket that have never been completed. Some of the developers are members of the mafia.
Some property projects appear to be extremely simple, but they are effective at creating revenue for investors. As a result, property lawyers who do not regularly operate in the Phuket area will be unaware of this valuable knowledge.
It is a better idea to hire a property lawyer in Phuket for your real estate investment.
They Can Inspect The Authenticity Of The Property: Due Diligence
Property, villas, land, and houses in Phuket have a lot of potential buyers, and the majority of the property is luxury/expensive. As a result, a lot of con artists and cheaters are continually attempting to take your money.
As a result, you must remember from the beginning that you must perform “Due Diligence” on the property you intend to purchase. You should not try to save time by skipping this step. And you’ll need to discover the correct person to help you with your “Due Diligence Report.”
By doing the Due Diligence procedure for you, a local real estate lawyer in Phuket may assist you in tracking information, databases, and any other facts.
They can travel to the appropriate government authority, project, or court to gather “up to date” information to ensure that the transaction will go well once the process has started.
Please do not cut corners on due diligence, as this is usually a problem at the court litigation level. If you do everything correctly from the start, you will have a good sleep every night!
They Have A Great Perspective Of Sale & Purchase Agreement Review & Drafting
You must sign the Sale and Purchase Agreement once your due diligence is complete and you need to engage with the Seller or Developer. By incorporating their database into an Agreement, the Phuket property lawyers can better create or update the Agreement.
Because they have attended numerous court sessions and are familiar with what the local court thinks in various scenarios. As a result, they may be able to use this viewpoint to secure you in the Sale and Purchase Agreement. Because the SPA is so detailed and sensitive, you should contact a local lawyer to personalize it to your specific situation.
You Will Always Get Them By Your Side In Emergency
In the event of an emergency, a local property lawyer in Phuket can quickly intervene and/or resolve the problem. The most common emergency that we face is flooding that destroys land, landslides, strangers trespassing on our property, government offices needing to examine our neighbor, and so on.
The best way is to take immediate action. Furthermore, when your case is in dispute, the property lawyers in Phuket can handle the emergency issue that is issued by the court.
How Can We Help You As A Property Lawyer in Thailand?
As we have office base in Thailand for more than 12 years, our property lawyer team in Phuket can meet your demand for all real estate and legal matters.
Here is the most popular property matter that we always provided:
- Due diligence the property i.e. land, condominium, house, villa for freehold and leasehold acquisition.
- Draft and review the Agreement such as Reservation Agreement, SPA, Long Term Lease, POA, etc.
- Become the representative for registration at Land Office and other public authorities.
- Litigation and negotiation at the Phuket Province court.
- Administration for the property on inheritance matters.
- Property Tax computation and filling.
- Land Measurement for issuing the title deed.
- Liquidation of the property at Execution Department.
The Bottomline
You should engage property lawyers in Phuket to guide or take care of your case for any legal concerns relating to real estate in the Phuket area, whether you are just starting to look to buy or you already have a significant matter in court.
Because they regularly practice in this area, a local lawyer can point you in the correct route.
We handle property cases all around Thailand. However, Phuket Province has a unique property issue in comparison with the rest of the country. Only a Property Lawyer in Phuket can advise you on the appropriate course of action for your transaction and/or flighting in court.
Finally, if you’re unsure where to discover the right property lawyer for your Phuket property, we’re here to aid you. We can handle every situation, from low cost to high value. Our Bangkok legal team will use their many years of knowledge and experience to help you achieve your goal.
You may reduce your risk by contacting us right now. Email us at [email protected] for our support and guidance.
