Release retained money only against contractual milestones, closed defects, test records, approvals and signed authority.
Retention is leverage, not a routine calendar payment
Map every retained amount to the signed contract, payment certificate, defect register and release condition. Before authorising payment, confirm that agreed defects are closed, retests passed, utilities work, handover documents are complete and the person requesting release has contractual authority. Keep dated photos, inspection notes, invoices and acknowledgements together.
Do not treat occupancy or key collection as automatic proof of completion. Record disputed items and obtain independent technical and Thai legal advice before withholding, offsetting or releasing funds. Use the warranty-claim register, milestone certificate guide and buyer service.
Next step
Phuket Stay Pro can coordinate the closeout evidence and payment decision.
Fact check
Retention, certification, completion, notice, withholding and remedies depend on the signed contract, project status and current Thai advice. Verify original documents before payment.
Need a pre-purchase check?
Phuket Stay Pro helps buyers compare areas, shortlist suitable properties, verify developers, and prepare the right legal questions before a deposit or contract signing.
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