What Should a Phuket Sale & Purchase Agreement Contain?

The agreement should identify the parties, property, title, structure, price, payment schedule, due-diligence conditions, completion documents, taxes and fees, possession, risk, default remedies and dispute process. Attach plans, specifications, furniture inventory and disclosure documents. For foreign buyers, include quota, funds evidence and registered-right requirements. The final contract should reflect the transaction actually intended, not a generic booking form.

The purpose of due diligence is not to make every risk disappear; it is to identify who owns what, what is permitted, what is promised, who must perform and what remedy exists. Slow down when documents, names or explanations do not match.

This is general guide information only; obtain current independent Thai legal, tax, financial or technical advice for the specific transaction.