Samui for sale

A critical view on Thai property law Do not get duped, conned misled or ill-advised in Thailand. Street smart Thai law for expats by real lawyers with real experience.

Samui For Sale Logo

law logo

Friday, May 18, 2012
samuiforsale

Thailand property law online

'Usufruct and Real Rights'

'Usufruct and Real Rights'

Real property rights under Thai Law

The rights of usufruct, superficies, habitation and servitude in Thailand...

More...
Featured 'Thai Condo Law'

Featured 'Thai Condo Law'

Buying and owning a condo in Thailand

Transation of the Thailand Condominium Act...

More...
Featured 'Buying Thai Real Estate'

Featured 'Buying Thai Real Estate'

Real estate laws in Thailand

Buying a home in Thailand, legal ownership options for foreigners in Thailand...

More...
Featured 'Thai Inheritance Laws'

Featured 'Thai Inheritance Laws'

Obstacles to Inheritance by Foreigners in Thailand

Last will, succession and inheritance law in Thailand... 

More...
Featured 'Thai Contracts'

Featured 'Thai Contracts'

Contract Samples

Thai contract sample and template agreements in Thai English...

More...
Featured 'Land Ownership Laws'

Featured 'Land Ownership Laws'

Land Title Ownership Deeds

The land title deed system, various land qualifications and land ownership...

More...
Featured 'Lease Leasehold Laws'

Featured 'Lease Leasehold Laws'

Residential lease agreements in Thailand

Lease contracts in Thailand are governed by the lease agreement and...

More...
Featured 'Construction in Thailand'

Featured 'Construction in Thailand'

Construction law in Thailand

General information regarding building and owning a home...

More...
Frontpage Slideshow | Copyright © 2006-2011 JoomlaWorks, a business unit of Nuevvo Webware Ltd.

Legal Definition Condominium in Thailand

Registered under the Condominium Act

The Thailand Condominium Act defines a condominium as a building that can be separated into units for individual ownership and which include personal and common properties (land on which the building sits, hallways, elevators, etc.). The Condominium Acts does not specify in any detail the specific requirements necessary in order for it to be identified as a condominium. As long as the building is able to hold ownership separately according to the area, whereby each area consists of private ownership in the property and joint ownership in the common property. There are no specifications outlining height or space requirements, nor are there any specifications outlining the minimum amount of individual units necessary within the building.

A condominium in Thailand can be a flat or horizontal building structure or vertical high rise building structure. Horizontal condos or a ' Villa Condominium' are as such not defined in the Condominium Act. Technically a condominium can be a group of attached or low rise buildings. A villa condominium under the Condominium Act is based on a decision by the government's legislative advisory but must obtain a condominium license. The legality of this type of (horizontal) condominiums under the Condominium Act is controversial and licensing is usually refused.

 

The rough guide from start of a condominium project, licensing, till transfer of ownership and operation of a condominium

Chapter 1 in the Condominium Act (article 6) Any owner of land and building wishing to register the said land and building as condominium under this act shall file application for registration of condominium with the Competent Official together with:

  1. Land title deed (must be a full ownership title deed),
  2. Plan Condominium, including entrances and exits to the public road
  3. Details concerning the apartment, personal property and common property, such as; spaces, nature on the utilizations and other interests as set forth by the Minister,
  4. Ratio of each owner of the apartment has the ownership in the common property under Section 14,
  5. Certificate of the applicant verifying that the building applied for registration as a condominium is free from any encimbrances and not under mortgage except the mortgage of the building with the land, and
  6. Draft of the regulations of the condominium juristc person
  7. Other evidences as prescribed in the Ministerial Regulations.

Land purchase

  1. land due diligence (must be completely unencumbered land)
  2. land survey
  3. purchase contract (sale and purchase agreement with the seller of the land)
  4. registration ownership

Condominium pre-construction

  1. I.E.E. or I.A.E. documentation (environmental impact assessment report depending on the size of the development)
  2. Construction permit (Or.Bor.Tor)
  3. Land upgrade (the land must have a freehold title deed Chanote/ Nor Sor 4 Jor to be registered and licensed as a condominium)

Condominium construction

  1. Start of the sales process of the units (sale contracts for the units)
  2. Electric meter application
  3. Water supply meter
  4. Connecting drainage
  5. Road access permit

Post construction

  1. Condominium registration
  2. Application (condo) house registration books (Tabien Baan)
  3. Official unit survey and measurement of the units
  4. Application occupancy certificate
  5. Appraised value of the units
  6. Draft rules and regulations (juristic person)
  7. Registration condo juristic person
  8. Handover units and registration unit title deeds (external link)

Operation as a condominium run by the owners

  1. Invitation to purchasers/ unit owners for first general meeting
  2. Actual general meeting of condo owners
  3. Deciding on registration of the condominium manager ann condo board members, and if any amendments to the draft rules and regulations of the condo - also see handbook

Relevant Condominium Acts (laws)

Apartment/ condominium structures must comply with the Building Control Act and its Ministerial Regulations as a residential building, and comply with the City and Town Planning Act and local Ministerial Regulations, and depending on the size (ground floor area and/ or height) and number of units apply for an Occupancy Permit and have to comply with licenses under the Enhancement and Conservation of National Environment Quality Act - read more...

For registered condominiums there are 4 acts relevant to condominiums in Thailand, being the Condominium Act B.E. 2522 (1979), the Condominium Act (No. 2), B.E. 2534 (1991), the 1991 Act is the amended Section 19 of the Condominium Act B.E. 2522, the Condominium Act (No. 3) B.E. 2542 (1999) issued on 28th April, 1999. The current Condominium Act including amendments to the Condominium Act No.4 made in 2008 can be found here: Thailand Condominium Act translation from Thai to English. The 2008 amended Condominium Act B.E. 2522: Condominium Act (No.4) B.E. 2551 (2008).

Between April 1999 and April 2004, as a temporary measure and an attempt to reduce the surplus number of condominiums, foreigners could under certain restrictions and in specified areas own up to 100 % of the aggregate unit space. This has since been amended back and foreigners can currently own up to 49% of the aggregate unit space.

Apartment projects not registered under the Condominium Act do not have to comply with the Condominium Act, nor does the land need to have a full freehold title.


Back to Condominium Legal Start

Contact

1000 characters left

CAPTCHA ImageReload Image



Thailand Law Online

Thailand Law Online