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Real estate Contract. Consult with a lawyer or not?

     Dear guests of Phuket!

     Why "guests" ? - You will ask!

     Because all foreigners who came to Phuket for one day or twenty years, really "guests", taking into account the legal aspects of owning a major strategic product of Thailand - the land plots and real estate.

     Today we will consider the question of the significance of the legal Agreement in Thailand and Phuket in particular.

     In the practice of legal advice on contentious issues in the real estate, clients have claims to the agencies, owners of the houses and condominiums.

     Almost all the relationships associated with substantial financial costs at the time of your stay on the island require signing relations (rent of real estate, vehicles, motorbikes, yachts).

     The clarity of understanding of the risks arms you. If it is "cheap" and without an agreement, then probably there will be unpredictable surprises with premature termination of the relationship, additional payments for the "service", no return of deposit payment or you paid not to the owner of property...

     Proceedings under agreements that you have signed, must be formulated by your competent lawyer and. Usually the contract by the property owner or agent is very brief and did not disclose the details of the legal service, inventory items, the counters of water and electricity, air conditioning status or consequences of self-ignition wiring for example.

     Of course, you do not need an international lawyer if the rent term is not more than a month, and you have decided to sign it over the Internet and pay by wire transfer. In case the term of the rent is more than a month and it is necessary to leave a security deposit, the cost can be significant for you.

     Big financial loss is an investment in building projects, not proven by legal property specialists. Some of the projects taking into account the economic consequences of the crisis not be completed during the construction phase or cannot be put into operation due to the violation of technologies or deviations from the project. In similar case, the freehold or leasehold cannot registered in the nearest years.

     Considering the importance of a comfortable stay in the "Land of Smiles", you can choose your level of legal risks. The legal consulting before the signing real estate contract helps you to make better decisions and reduces the risks of significant financial losses.

     Enjoy your vacation!

     Sincerely,

     Serge Treshchev
     General Manager
     «LOKART INTERNATIONAL CO. LTD »
     Legal advisors, Phuket
     www.lokartlegal.com
     + 66 (0) 94 582 7108
     + 66 (0) 95 735 7613



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บริษัท โลคาร์ท อินเตอร์เนชั่นแนล จำกัด
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Tel:   +66 (0) 76 381026
Fax:  +66 (0) 76 381027
E-mail: lokartlegal@gmail.com
Website: www.lokartlegal.com
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