Buy condo in foreigner name ONLY even when married ?

[scoupeo 351]

hola boys, can someone tell me if it's easy to buy a new condo and put only a foreigner name on the documents, even when married to a Thai ?

do they even ask if you are married or any documents ?

 

has anybody been to pattaya land office lately, is it crowded ?

 

thank you for your confirmation.

[HampiK 794]

You can put your name only in the document, even when your married.

But If you make a divorce and your ex-wife will then go to court, then I am not sure what will happen.

I have 2 condos in my name, which I bought after marriage.

Edited January 27 by HampiK

[scoupeo 351]

5 hours ago, HampiK said:

You can put your name only in the document, even when your married.

But If you make a divorce and your ex-wife will then go to court, then I am not sure what will happen.

I have 2 condos in my name, which I bought after marriage.

 

so they do not ask if you are married or any document ?

only your passport ?

thank you.

 

[Dogbarker 194]

As long as the quota for foreigners is sufficient  there is no need to include anyone but yourself. If you have concerns ensure a Thai will is made specifically stating what is to happen with the unit in case of your demise. You may want to  see about registering that Will.

[Andyfez 619]

I didn't know you could put two names on an ownership paper?

[mrwebb8825 901]

13 minutes ago, Andyfez said:

I didn't know you could put two names on an ownership paper?

Really?? You were either born yesterday or have been hiding under a rock since the days of J. Paul Getty and Henry Ford. 

[AlQaholic 2,603]

Regardless of whos name is stated as owner, if you are married half of everything you own belongs to your wife.

[Pumpuynarak 376]

1 hour ago, AlQaholic said:

Regardless of whos name is stated as owner, if you are married half of everything you own belongs to your wife.

 

With the exception of anything you own prior to marriage is my understanding.

[soi3eddie 1,956]

 

You can put condo in sole or both names. My advice from my experience is put it in your name only. I remember so clearly sitting in the lawyer's office in Sathorn in December 2009 when signing power of attorney and other documents for purchase of my Bangkok condo. My Thai wife asked "do you want only your name or both names?". It was my money used for purchase. At that time marriage of 8 years was sweet so I stupidly said "both names" thinking that if anything happened to me then it would be easier for her. On divorce (in UK) 7 years later it was nothing but a pain in the <deleted> getting her name removed from the land register even though our court agreement was for 50% each. When she learned I had a new partner she refused to sign the papers meaning another court appearance and £5,000+ of costs. When she finally did sign, it meant I had to transfer, again, 50% of the agreed condo value to Thailand from overseas to satisfy the Land Office that funds were remitted from outside the country (this was despite me still having the original purchase funds remittance document for the whole amount). As mentioned in another post, you can always do a will leaving it to your wife (or kid/s) in case something should happen to you. Therefore, MY ADVICE IS BUY IN YOUR NAME ONLY! Chok Dee!

 

[CanadaSam 693]

Half of everything you acquired AFTER the marriage date....

[LukKrueng 1,600]

11 hours ago, scoupeo said:

 

so they do not ask if you are married or any document ?

only your passport ?

thank you.

 

They do ask, and if you're married you need your spouse's consent for the purchase and for selling the property later on. As I'm not married I told the land office official I'm single and they didn't ask for proof, so I guess you can say you're single even if you're not...

That applies to Thai nationals as well. 

The above is from personal experience in 2 different land office in different provinces 

[Gary Pizzelleman 2]

Hi - Not sure if you are aware or not, but you should have a "Tor-Tor Sam" for any money you you put in to a Foreign Name and Held Condo.  Hopefully I am just overstating the obvious, but a Tor-Tor Sam is a verification of the Money transferred into Thailand to buy the Condo is on the Up and Up - Having this established up front will save many headaches on the back end if there is one.  Good Luck - G  

[NCC1701A 53,848]

23 hours ago, scoupeo said:

even when married to a Thai ?

the question you really want to ask is "What is the process during a divorce in Thailand to determine my assets?"  

[scoupeo 351]

25 minutes ago, Gary Pizzelleman said:

Hi - Not sure if you are aware or not, but you should have a "Tor-Tor Sam" for any money you you put in to a Foreign Name and Held Condo.  Hopefully I am just overstating the obvious, but a Tor-Tor Sam is a verification of the Money transferred into Thailand to buy the Condo is on the Up and Up - Having this established up front will save many headaches on the back end if there is one.  Good Luck - G  

 

I have an old one, I will just change the date to purchase a new condo !

 

[scoupeo 351]

16 minutes ago, NCC1701A said:

the question you really want to ask is "What is the process during a divorce in Thailand to determine my assets?"  

no ! nobody divorce me alive ! so no, it's not the problem here...