Property Lawyers in Bangkok are attorneys who specialize in property and real estate law in the Bangkok area of Thailand. This experience includes buy-and-sell transactions, litigation, land development, condominium law, and other matters relating to Bangkok real estate.
Because Bangkok is always active and moving for economic reasons, including during the Covid-19, many people from other countries have chosen to relocate to Bangkok for both lifestyle and commercial reasons.
And we see a property in Bangkok change hands on a daily basis. However, we’ve seen the issue arise during the process of purchasing or leasing a property.
Some issues include delays in completion, poor material specifications, entering into an agreement with the wrong person, the developer’s insolvency, and the inability to produce a title deed, among others.
As a result, we’ve written this post to help you understand why you should hire a property lawyer in Bangkok to protect your transaction. Let’s have a look at the reasons for this.
A Property Lawyer in Bangkok is always aware of the local problems
Because Bangkok is Thailand’s busiest and most intricate city, there are constant issues with land and condominium property.
As a result, you’ll need a property lawyer in Bangkok who is familiar with what happened in Bangkok during the transaction period in real time.
Because the Land Department and other government agents often release announcements and regulations in order to carry out land and condominium acquisitions. As a result, this implementation may have an impact on the property you are planning to acquire or engage in.
It’s a smart idea to hire a local lawyer in Bangkok who can keep you up to date on any new information that pertains to your property.
Get Assured & Convenient Due Diligence from A Property Lawyer in Bangkok
This is a “must-do” before signing or engaging in a real estate deal. You must undertake a title deed search and due diligence on the property and its owner with the help of a Bangkok property lawyer.
Why?
Because you must be aware of the current status and history of the property you intend to purchase.
You must also determine the legitimacy of the owner.
Are they insolvent or bankrupt?
Or are they used to someone filing a complaint and filing a legal case on their behalf?
The due diligence report will inform you of your risk level and provide you with the necessary information to proceed. We’ve always seen some Seller offer that’s “too good to be true.” When the due diligence report is completed, the secret information is revealed.
That is why you need a local lawyer in Bangkok who is familiar with the property and its owner and can represent you before the local Land Office and Government Agent. So, don’t take the due diligence procedure for granted.
A Property Lawyer in Bangkok is always close to Authorities & Officers
As you may be aware, “know who” is sometimes just as crucial as “know-how.” As a result, a local property lawyer in Bangkok who is acquainted with Land Office officers and Government agents can notify you of critical key information affecting your property.
Expropriation, withdrawal of a construction license, cutting a new road, freezing by court order, unpaid property taxes, and so forth are examples of insight information. This is a true incident that we have had in the past, and the officer has provided us with this information.
Furthermore, having a lawyer who knows the officer will make the buying or acquisition procedure go more smoothly. As a result, the property lawyer in Bangkok who is used to dealing with officers and the Bangkok government will make your life easier.
Get Prompt Response in Urgent Matters from Property Lawyers in Bangkok
Sometimes, unannounced, an urgent concern arises, such as a construction problem, a court summons, a government notification to handle something, and so on. If you have a property lawyer in Bangkok looking after your property, they can act quickly.
In other words, we should put out the fire while it is still little.
Property Lawyers in Bangkok can handle litigation cases effectively
There can be a legal dispute over property. They can be a delay in completion, a problem with the property, warranty, and insurance, a breach of contract, etc. The property law firm in Bangkok can quickly and effectively attend the court to review the file.
Why?
Mediation, trial, examination, and hearing the judge will all take a long time in court.
So, you’ll need a lawyer with an office near the court to go over all of the files. You must also make sure that the opposing party has presented any paperwork or evidence so that you can take action on time.
Property Lawyers in Bangkok can safeguard on drawing up or filing the Contract
In most cases, property or real estate matters require the use of contracts. They are Sale and Purchase Agreements, Reservation Agreements, Lease Agreements, Mortgage and Loan Agreements, Construction Agreements, and so on. As a result, you’ll need a property lawyer to draught or review with comments in order to protect your interests.
You’ll need the experience to handle an agreement once you’ve reached one. Because one hidden point could result in a costly lesson.
The Bottomline
When buying, leasing, or engaging in property transactions in Bangkok, you should not go it alone. From the initial stage, you must have a skilled property lawyer in Bangkok by your side.
When you’re preparing to engage with an agreement party, don’t underestimate them. Because the property transfer problem has long been a problem in Bangkok. Delay in completion, defect after completion, fence overlap with the neighbor, the owner being insolvent is the common problems. All of your problems can be protected or resolved by a knowledgeable property lawyer in Bangkok.
Moreover, you will require a lawyer with strong ties to government officials in order to conclude your case. “Know who” is just as vital as “Know-how”. We hope that this post has given you some insight into why you should engage a property lawyer in Bangkok.
And, yes, our team of property lawyers in Bangkok’s downtown can help you reach your goals with professionalism and compassion. We’ve got your back. Simply email us at [email protected] for full support and assistance in your property dealing matters.
