Friday, May 18, 2012
Real Estate Blog Condominium Contract Price
Saleable area in a condominium is not the exact use-able apartment floor area, as sale-able area is measured from the center of the walls of the condominium which are not common property (Chapter II of the Condominium Act). The outside walls of a condominium building is common ownership of the condominium, walls between adjoining units are private ownership. For example the air-conditioning unit attached permanently to the outside wall of a condominium in common property.
Practical advice from real lawyers on most common legal issues for expats in Thailand. Samuiforsale provides general Thai legal information and law resources in English over the Internet. The information in Samuiforsale should be used as general Thai legal information but should not be treated as a substitute for specific legal advice concerning individual situations.