Ask for a formal written extension of the deposit deadline if due diligence needs more time, with a clear schedule for when key documents will be provided and reviewed. Ensure the extension is conditional on receiving the same supporting materials and that the buyer’s right to inspect documents remains intact. Clarify who holds the current deposit and how funds may be moved if the deal stalls, and consider a revised plan that ties new milestones to a revised deadline. Keep all evidence (title searches, permits, plans, inspection reports) updated in one file and share copies with your Thai lawyer or independent advisor. Do not rely on the sales team for legal conclusions; ensure the contract clearly states the conditions for refund or termination if due diligence fails, and that completion remains contingent on satisfactory evidence. This approach helps protect your position while due diligence continues, without foreclosing later negotiations.
Public Property Q&A
What Safeguards Should I Request If Due Diligence Extends Beyond the Deposit Deadline?
Continue the conversation
← What Should Be Checked before Paying a Reservation Deposit?
Useful next steps
Use this answer as a practical starting point. Current prices and availability should be confirmed with the relevant seller, developer or manager, while ownership, contracts, tax and inspection matters should be checked with qualified buyer-side professionals.
Related Visual Examples
A short visual sample connected to this answer or its topic.
property guidanceGenerated editorial image for Phuket Title Checks, supporting Phuket property research, area compari…
property guidanceGenerated editorial image for Phuket Property Checklists, supporting Phuket property research, area …
property guidanceGenerated editorial image for Phuket Independent Legal Advice, supporting Phuket property research, …
