Land transfer fees | Property transfer and tax | Title Deed Checking
Land Office Services
At the Land office
If you are the first time at Pattaya Land Office, everything will look a little bit confusing to you. It will be much easier to go there with an experienced Thai lawyer. He or She will be able to save you a lot of time.
J&E Concierge provides a number of services that can help make the transfer of property or land easier for you.
- If it is not possible for you to go to the land office in person, we can prepare a Power of Attorney that will allow you to appoint our firm or a third party to conduct the transfer at the land office on your behalf.
- If you prefer to go to the land office yourself, one of our staff can accompany you to make sure your rights are protected.
Before the official transfer of property at the land department, we will inform you of the documents needed and the approximate amount of money you will need for the taxes and administrative fees that must be paid.
Our services include:
Land transfer fees
Property transfer and tax
Title Deed Checking (Checking title deed tax cost)
Aside from Land Transfers, we also service:
Vehicle and Motorbike ownership transfer – Also known as “RC Transfer”. Ensuring that the legal liabilities will be transferred to the buyer.
Condominium transfer – Mandatory tax in Thailand imposed by the Thai government and paid at the local land office when transferring ownership of a condominium in Thailand.
House/Property transfer – occurs when money or the ownership title on a piece of property, such as a house or parcel of land, changes hands.
If you have any further questions, please do not hesitate to message us now!
or E-mail us at email@example.com
|Land Transfer Fee||7,000|
|Title Deed Mortgage Registration||7,000|
|Land Surveyor – Cadastre and Registration||5,000|
|Title Deed Checking ( Checking Title deed tax cost)||3,000|
Property Transfer in Pattaya
When you purchase real property, you pay because you want to possess the property you are buying. While there are several preliminary steps, the main event is the transfer of property from the owner or developer to you. Often the contract for the purchase of the property will list the property transfer data. The property transfer will take place at the land office where the ownership of the property will be registered. If you buy property from a developer before development is completed, the transfer of property takes place once after your property is complete. If the property had already been built, the transfer of property takes place once the contract has been signed and the installment payments have been completed. The remaining balance of the purchase price is usually paid on the day of transfer at the land office.
Income Tax from the Property Sale
Income from the sale of property is subject to Thai income taxation. The land department will withhold a prepayment of the property seller’s income tax at the time the transfer of property is registered. When the property seller is a company, the withholding tax is 1% of the sales price or 1% of the assessed value, whichever is higher. When the property seller is an individual, the withholding tax is calculated on a progressive income tax scale. How much of these taxes will be paid by the seller and how much will be paid by you, the buyer, should be negotiated before going to the land department and written into the sales contract.