Who pays transfer tax?

Depends if you buy a new unit in a new condominium project or an existing resale condo.

• In a sale and purchase of a newly built apartment unit consumer protection laws specify that the developer may only ask up to half of the 2% transfer fees from the buyer, all other taxes, fees and costs involved with ownership registration on the name of the buyer must be born by the developer.
• In the transfer of an existing re-sale condominium in Thailand there is no fixed rule or legal requirement how to split the costs associated with the transfer of ownership or how these costs and fees are shared. This depends on what is agreed between seller and buyer and this is normally included in the condominium sale and purchase agreement outlining the sales process and responsibilities of the parties.

See also

• Condo ownership transfer fees and taxes