STEP 4: FEES FOR TRANSFER OF OWNERSHIP
- Transfer fee : This equals 2% of the appraised price of the land and building. The buyer and seller each pay 50% of this fee.
- Mortgage fee : 1% of the mortgage value.
- Revenue stamp fee : 1 Baht for every 200 baht or fraction thereof of the property sale price or appraised price, whichever is higher.
- Water and electricity fees : Generally, this can be transferred without fee as per agreement between buyer and seller. The seller can allow the buyer to pay it as a bond and then request a refund at the Electricity and Water authority later.