Key Takeaways
- Identify the contracting seller and the legal name of the deposit recipient.
- Confirm whether the money is held, passed to the seller or treated as an agent payment.
- List due-diligence, finance, foreign-quota, title, authority and transfer conditions.
- Define objective deadlines, required evidence and who decides whether a condition failed.
- State release instructions, refund timing, permitted deductions, default consequences and dispute route.
How buyers can document who holds a resale deposit, when it is released and what happens if due diligence fails.
Phuket Resale Deposit Custody
A receipt shows that money moved; it does not make refund rights clear. Before a Phuket resale deposit, document the holder, account, authority and every release condition.
Deposit controls
- Identify the contracting seller and the legal name of the deposit recipient.
- Confirm whether the money is held, passed to the seller or treated as an agent payment.
- List due-diligence, finance, foreign-quota, title, authority and transfer conditions.
- Define objective deadlines, required evidence and who decides whether a condition failed.
- State release instructions, refund timing, permitted deductions, default consequences and dispute route.
- Obtain a signed receipt and preserve payment messages, bank evidence and the final agreement.
Use the reservation agreement guide, seller authority guide, buy service and legal guides.
CTA
Ask Phuket Stay Pro to coordinate the resale file before any deposit.
Fact-check flags
Custody arrangements, refund enforceability, licensing, remedies and dispute procedure depend on the documents and parties. Use independent Thai legal advice before transferring money.
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