Process of changing the name of old Thai Elite membership
The following is an explanation of the process of changing the name of the old Thailand Elite membership.
1.Confirmation of membership type, expiration date, and ownership
First, check the memberships that are being sold.
In many cases, the seller himself/herself is not aware of the conditions regarding the transfer of his/her membership.
This is the most important part of the process, as the conditions attached to the membership differ depending on the time of the initial membership.
The first-time member is a lifetime member, and after the transfer, the type of membership is transferable as many times as you want as a lifetime member.
The initial membership is a lifetime membership, and after the transfer, the membership is a 30-year membership, amortized annually. Unlimited number of transfers type.
Other types include a one-time transfer only.
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We conduct research on memberships before acting as an intermediary for sales and purchases.
2・Price Negotiation
Prices are determined on a case-by-case basis.
The state-run company that operates the site is not involved in the negotiations, and the price is arbitrary.
We also serve as an intermediary for business negotiations.
3・Execution of Purchase Agreement
Once the purchase price is determined, a purchase agreement is signed.
The sales contract should include the amount to be paid, the method of payment, the type of currency in which payment will be made, and many other details.
Avoid transactions based on oral agreements, as they can lead to trouble.
Our company prepares fair and neutral sales contracts for both the seller and the buyer to prevent any trouble.
4.Escrow of the deposit for the purchase price
We also offer escrow services to ensure the safe and secure execution of transactions.
5.Purchaser’s application for membership
In order to transfer a former membership interest in Thailand Elite, the purchaser must apply for membership using the form on the initial membership application form and undergo an admission review. If the application is not approved by the membership review, the transfer of title will not be permitted.
We also assist purchasers with the membership application process.
6.Approval of purchaser’s enrollment
Once the purchaser’s membership has been approved, the name change can finally take place.
The name change will be done for a fee by the state-owned company that operates Thailand Elite (now Thailand Privilege).
7.Payment
Settlement of payment is made. After confirming the transfer of payment, we proceed with the name change.
8.Payment of name change fee
The prescribed name change fee for state-owned enterprises is paid by the payer as defined in the purchase agreement.
9.Execution of name change
The change of name will be completed when the state-owned company confirms the payment of the name change fee and all the work is completed.