Page 36 - คู่มือซื้อทรัพย์ขายทอดตลาด - กรมบังคับคดี

MANUAL FOR BUYERS
MANUAL FOR BUYERS
x
Legal e
ecution Department
Legal execution Department
Point to Ponder
Point to Ponder
1. Sale of imm
1. Sale of immovable property in various situations
ovable property in various situations
1) Sale of mortgage free immovable property. Once the
buyer has made the full payment of the property and presented the
document certifying transfer of title to the Land Department, the land
officer shall register the extinction of mortgage and transfer the title
to the buyer while the buyer has no obligation to pay the mortgagee.
2) Sale of immovable property under mortgage. Once the
buyer has made the full payment of the property, the executing
officer shall issue a letter to the land officer to transfer the title of the

property under mortgage. The buyer needs to contact the mortgagee
to settle the unpaid payment.
3) Sale of immovable property based on copy of
the document of title. This situation happens when the original
document of title is lost or not retrievable. Once the buyer has made full

payment of the property, the executing officer shall issue a letter to
the land officer for a replacement document and transfer the title
of property to the buyer. The buyer needs to
contact the land officer for a replacement
document and shall be liable to the
incurred expenses. (The buyer who

is applying for a loan from a financial
institute is recommended to check
the process in obtaining the
replacement document as the
title transfer may not be done

within the same day.)

35
35