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Land Lease Sale

  • 20-03-2012 5:05pm
    #1
    LandSale
    Closed Accounts Posts: 1 ✭


    Hi I looking for some advice

    I recently sold a plot of land in Thailand in a development which was held on a 30 year lease. When I bought the lease originally it was stated that the total area of the land was 400 square meters.

    So a couple of months ago I sold on the lease to another party. Everything fine, money was paid, done and dusted.

    Today I got an email from the lawyer of the new owner saying that when the new owner went to layout the plans for a house he is going to build he found that the total land area was only 360 square meters, 40sqm short. The lawyer said that the new owner wants 10% of the purchase money refunded as the contract said it was 400sqm.

    Being that it was just a transfer of a lease that was originally sold as 400sqm I would have thought that the owner of the development was the one they should be dealing with as I sold on the lease in good faith.

    Anybody have any thoughts on this?
    Thanks


Comments

  • #2
    the_syco
    Registered Users, Registered Users 2 Posts: 37,316 ✭✭✭✭the_syco


    I'd wonder was something built in a corner of the plot, and that a cheeky neighbour had put their extension to their playroom.


  • #3
    dermot_sheehan
    Closed Accounts Posts: 2,062 ✭✭✭dermot_sheehan


    Advice from a qualified thai lawyer would be appropriate.


This discussion has been closed.
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