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  1. #1
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    Kai Fai good idea to sell a property ?

    Hi There,

    My thai wife try to sell his house here in Thailand. A man agree to buy but wants to pay 2 times, 50% first and the other 50% in 1 year. That's mean he'll stay in the house for 1 year before to pay all the amount. This kind of contract is called "Kai Fai". My question is what happen if the buyer complain about some problem appears in the house, doens't want to pay the 2nd 50% and doesn't want to leave the house. How to kick him out and get back all the money ? It will be complicated, takes time and money i think...

    Thanks
    Last edited by fredobkk; 30-05-2016 at 07:15 PM.

  2. #2
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    Don't do it.

  3. #3
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    This kind of contract is called "Kai Fai".
    is this contract written on on the chanote and registered at the land office?

  4. #4
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    Quote Originally Posted by Neverna View Post
    Don't do it.
    Seconded.
    Reeks of problems that would arise - certainly when Thais are involved.

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    Quote Originally Posted by taxexile View Post
    This kind of contract is called "Kai Fai".
    is this contract written on on the chanote and registered at the land office?
    The question was answered on ThaiVisa.

    Obviously the OP did not like the answer so brought the question here.

  6. #6
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    Quote Originally Posted by thaimeme
    Reeks of problems that would arise - certainly when Thais are involved
    Some fokker has hacked Jeffs account.

    Im logging out before the chocolate party starts

  7. #7
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    Tell him to go fcuk someone else.

  8. #8
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    Quote Originally Posted by fredobkk
    Kai Fai
    My missus says no probs. You get to keep the initial 50% and he has to get out.

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  10. #10
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    Quote Originally Posted by Pragmatic View Post
    Quote Originally Posted by fredobkk
    Kai Fai
    My missus says no probs. You get to keep the initial 50% and he has to get out.
    As long as it is all contracted corrected and documented, I agree with Prag. No problem. Worst that happens is you get the 50% of the value, and a year later have to tip some motorsi boys to kick the bum out.

  11. #11
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    My thai wife try to sell his house here in Thailand. A man agree to buy but wants to pay 2 times, 50% first and the other 50% in 1 year. That's mean he'll stay in the house for 1 year before to pay all the amount. This kind of contract is called "Kai Fai". My question is what happen if the buyer complain about some problem appears in the house, doens't want to pay the 2nd 50% and doesn't want to leave the house. How to kick him out and get back all the money ? It will be complicated, takes time and money i think...

    given the reputation for dishonesty and misrepresentation amongst thai, and the failings of the police and legal system, only an idiot would allow the transfer of land or a property in thailand before full payment had been received.

    owners, sellers, land office officials, lawyers and agents have been involved in corrupt practices, forged documents and illegal transfers.


    let the buyer take a bank loan or provide collateral, if he cant then it is unlikely he will be able or willing to pay the remainder after one year.

    trust no one.

  12. #12
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    property

    Quote Originally Posted by taxexile View Post
    This kind of contract is called "Kai Fai".
    is this contract written on on the chanote and registered at the land office?
    I don't know exactly, the property is transferred to the buyer only when the balance is paid.

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    Quote Originally Posted by Fondles View Post
    Quote Originally Posted by taxexile View Post
    This kind of contract is called "Kai Fai".
    is this contract written on on the chanote and registered at the land office?
    The question was answered on ThaiVisa.

    Obviously the OP did not like the answer so brought the question here.
    I just try to get another point of view

  14. #14
    Thailand Expat Pragmatic's Avatar
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    A Kai Fai is a prenuptial agreement.

  15. #15
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    property

    Quote Originally Posted by taxexile View Post
    My thai wife try to sell his house here in Thailand. A man agree to buy but wants to pay 2 times, 50% first and the other 50% in 1 year. That's mean he'll stay in the house for 1 year before to pay all the amount. This kind of contract is called "Kai Fai". My question is what happen if the buyer complain about some problem appears in the house, doens't want to pay the 2nd 50% and doesn't want to leave the house. How to kick him out and get back all the money ? It will be complicated, takes time and money i think...
    given the reputation for dishonesty and misrepresentation amongst thai, and the failings of the police and legal system, only an idiot would allow the transfer of land or a property in thailand before full payment had been received.

    owners, sellers, land office officials, lawyers and agents have been involved in corrupt practices, forged documents and illegal transfers.


    let the buyer take a bank loan or provide collateral, if he cant then it is unlikely he will be able or willing to pay the remainder after one year.

    trust no one.
    Thanks mate, reasonable solution

  16. #16
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    property

    Quote Originally Posted by Pragmatic View Post
    A Kai Fai is a prenuptial agreement.
    Me i don't know but it's Isaan lawyers talked me about it....
    Last edited by fredobkk; 30-05-2016 at 09:35 PM.

  17. #17
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    It might help if you actually knew what the correct term is. It is not "kai fai". It is ขายฝาก - kai faak.

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    How much damage do you think a disgruntled Thai can do to a property in a year?

    How much damage do you think a disgruntled Thai could do to a property in a day?

    How easy/difficult would it be to get a Thai who did not pay out of one's property?

    How easy/difficult would it be to get a Thai who did not pay but had some local police or council or mafia or kanman or anything connection out of one's property?

    I cannot believe that anybody with any knowledge of Thailand (and lacking serious Thai connections/power) would consider this route.
    How do I post these pictures???

  19. #19
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    Quote Originally Posted by Neverna View Post
    It might help if you actually knew what the correct term is. It is not "kai fai". It is ขายฝาก - kai faak.
    yes thanks

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    Quote Originally Posted by Bettyboo View Post
    How much damage do you think a disgruntled Thai can do to a property in a year?

    How much damage do you think a disgruntled Thai could do to a property in a day?

    How easy/difficult would it be to get a Thai who did not pay out of one's property?

    How easy/difficult would it be to get a Thai who did not pay but had some local police or council or mafia or kanman or anything connection out of one's property?

    I cannot believe that anybody with any knowledge of Thailand (and lacking serious Thai connections/power) would consider this route.
    Very agree

  21. #21
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    Quote Originally Posted by taxexile View Post
    My thai wife try to sell his house here in Thailand. A man agree to buy but wants to pay 2 times, 50% first and the other 50% in 1 year. That's mean he'll stay in the house for 1 year before to pay all the amount. This kind of contract is called "Kai Fai". My question is what happen if the buyer complain about some problem appears in the house, doens't want to pay the 2nd 50% and doesn't want to leave the house. How to kick him out and get back all the money ? It will be complicated, takes time and money i think...

    given the reputation for dishonesty and misrepresentation amongst thai, and the failings of the police and legal system, only an idiot would allow the transfer of land or a property in thailand before full payment had been received.

    owners, sellers, land office officials, lawyers and agents have been involved in corrupt practices, forged documents and illegal transfers.


    let the buyer take a bank loan or provide collateral, if he cant then it is unlikely he will be able or willing to pay the remainder after one year.

    trust no one.
    What Tax said. If the purchaser can accumulate the balance within 1 year he/she can get a bank loan and pay the seller the full amount.
    No one on TD is gay. If suspect, it was probably because of the way they were reared.
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  22. #22
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    Quote Originally Posted by Neverna
    It is not "kai fai". It is ขายฝาก - kai faak.
    AKA faak doff

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