Condominium Sale And Purchase Agreement

1.1 “build” means “……… Condominium,” in which the unit is for sale and acquisition under this agreement. [Recommended Article: New Start vs. Condo Resale Payments: What`s the Difference?] CONSIDERING that the buyer wants to buy a condo unit no…… In…………………………………………. Condo……………………………………………. 9.5 The seller agrees with the purchaser that the unit will not be debited at the time of the performance of this contract and that no action is pending for the entity. 2.1 The seller undertakes the sale and the buyer agrees to acquire the unit whose copy of The Condominium Deed of Ownership is identified and attached to Schedule 1, and in particular described as follows: 4.2 The payment of the deposit referred to in point 4.1.1 and the payment of the balance of the purchase price on …………. is made by bank check at ………………… 3.1 The purchase price of the unit pursuant to Article 2 is Baht………. (………………………………) (hereafter referred to as “price”). For the actual base area of your device, developers have room to manoeuvre, without having to compensate owners if the device`s base area is less or 3% less than that shown in the sales documents.

4.1.2 The ……………, the buyer has to the seller the balance of the purchase price, Baht ……………… (………………………). The registration of the transfer of ownership of the unit, in accordance with point 5 above, is made against payment of the entire amount. You still have three weeks after the delivery time to pay the 25% down payment for the accommodation. Please note that your developer has the right to perform your S-PA in case you delay your payment by more than 14 days. Once your developer does, he will be able to exhale 25% of the purchase price, recover all interest accrued by you and unpaid, and resell the device to anyone else. 10.1 With the exception of paragraphs 4.1.2 and 4.4 above, the seller is allowed to terminate the contract without delay and the down payment to the seller is cancelled by the buyer. In addition, in this case, the seller has the right to put the unit for sale to third parties and the buyer has no right to object to such a sale or to cancel it or to demand any damage or compensation. 5.3.2 The buyer acknowledges that if the buyer is not yet able to obtain all the documents and consents necessary to register the transfer of ownership after the expiry of the agreed period of time at 5.3.1, the purchaser is considered to be in breach and the termination provisions of Point 10 apply.

If the seller asks the buyer in writing for payment of the unpaid amount and the buyer does not make the payment in full within fifteen (15) days from the date of the Seller`s request, the seller is entitled to terminate the contract without delay and all funds paid by the Buyer under this contract expire on penalty and liquidation.

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