If you are planning to sign a sales contract in Thailand, it’s recommended to have it reviewed by a lawyer who is familiar with the local laws and regulations. Here are some of the things that a lawyer might look for when reviewing a sales contract in Thailand:
1. Contract terms: The lawyer will review the terms of the contract to ensure that they are clear, unambiguous, and in compliance with Thai law. They will look for any clauses that may be unfair or unfavorable to the buyer, such as penalties for late payment or unclear terms regarding property ownership.
2. Payment terms: The lawyer will review the payment terms to ensure that they are fair and reasonable, and that they comply with Thai regulations. They will look for any hidden fees or charges, such as taxes or transfer fees, that the buyer may be responsible for.
3. Property details: The lawyer will review the property details to ensure that they are accurate and complete. They will look for any discrepancies or errors in the property description, such as incorrect land size or building dimensions.
4. Legal documentation: The lawyer will review the legal documentation to ensure that the property is legally owned and can be legally transferred to the buyer. They will look for any encumbrances or liens on the property that may affect the buyer’s rights or ownership.
5. Dispute resolution: The lawyer will review the dispute resolution clauses to ensure that they are fair and reasonable, and that they comply with Thai law. They will look for any clauses that may restrict the buyer’s rights to legal action or limit their ability to resolve disputes.
Overall, having a lawyer review a sales contract in Thailand can provide an extra layer of protection and ensure that the buyer’s rights and interests are protected. It’s recommended to seek the advice of a lawyer before signing any legally binding agreement in Thailand.
