Is it necessary to have a lawyer when purchasing property in Thailand?
Property is probably the most expensive purchase you will ever make, no matter where in the world you make it. As such, it is wise to seek local legal advice in order to protect your investment. Every country has its own set of laws which are prone to change from time to time.
Therefore, while there may not be a legal requirement to use a lawyer when buying property in Thailand, we strongly recommend you do so – this is especially true if you are not familiar with Thai law. Fully understanding the legal aspects of purchasing property in Thailand, as well as the associated costs, is crucial.
Similar to any legal document, do not sign anything that you are uncertain or unclear about, specifically the Sales and Purchase Agreement. Performing due diligence should be an essential part of any property transaction, regardless of location.
Seeking advice from experts is a small price to pay for peace of mind. However, if you opt not to use a law firm, do not rely solely on the internet as a source of information. A lot of outdated or inaccurate advice exists and relying on it could result in a poor investment.