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Confirm the recipient and credit
Record the parties, property, amount, recipient and how the deposit counts towards the price. Verify an agent’s authority to collect money. Resolve a different account-holder name before paying. Keep proof of payment and obtain confirmation of receipt. A chat acknowledgement alone does not set out the full agreement.
Write the purchase conditions clearly
For title checks, inspection or a bank application, specify deadlines and the consequences of an unsatisfactory result. A finance-dependent buyer should agree the minimum loan required, application and notification dates, bank evidence and refund treatment after rejection or insufficient approval. There is no universal resale rule that rejection automatically returns the deposit.
Make the refund process clear
Identify who receives notice, the supporting documents, who repays the money and the deadline. Record agreed extensions in writing. A clause saying “refundable if finance fails” may leave partial approval or missing buyer documents unresolved. Settle those points before payment. For a substantial or complicated commitment, have an independent lawyer review the actual agreement.
For the next step, read: Resale Condo Checks Before a Deposit
Sources checked on 4 November 2026: Kasikornbank home-loan eligibility and cost information；Department of Lands condominium ownership and registration information
For focused next steps, read Agree When Property Agency Commission Is Payable.
Ownership, tax and visa rules change and individual situations differ. This is general information, not legal advice — confirm with a qualified professional before acting.
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