Condo fees, maintenance fees, common expenses
The expenses of the condominium under section 18 of the Thailand Condominium Act relates to maintenance fees and are each owner's share in the costs incurred by the condominium juristic person in...
View ArticleOff The Plan Contract and Final Price
Contract price and final price in an off-the-plan sale and purchase of a condominium Price variations in the contract Selling condominiums freehold in Thailand is a government contract controlled...
View ArticleForeign Exchange Transaction Form
Foreign Exchange Transaction Form Bringing foreign currency into Thailand The Foreign Exchange Transaction form (previously and for some still known as Thor Tor 3) is the official document prepared...
View ArticleLegal Definition Condominium in Thailand
What is the legal definition of a 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...
View ArticleCondominium Lease and Voting Rights
The condominium lease option Lease ownership of a condominium under a registered lease agreement If the 49 percent foreign ownership quota in a condominium project is sold-out it is possible to lease...
View ArticleCondominium Ownership by Succession
Dispose of a condo by will to another foreigner Bequeath a condominium under provisions of a will A foreigner who complies with the Condominium Act can own a condominium unit in Thailand outright, but...
View ArticleTourist Condos and Apartments
Licensed condos vs residential apartment buildings having no condo license Not all apartment buildings in Thailand are registered as 'condominium' In tourist resort areas, such as Pattaya, Phuket, Hua...
View ArticleThailand official coveyancing fees and taxes
Condo transfer taxes and fees Payable at the transfer of ownership When a condominium is transferred from one person to another taxes and fees are on the spot at the time of transfer imposed by the...
View ArticleForeign condo ownership in Thailand
Buying a condo in Thailand The Thailand condominium law allows outright foreign ownership of an apartment unit in a condominium registered and licensed as a condominium with the Thailand Land...
View ArticlePaying the purchase price for a condo in Thailand
Sample condo contract payment terms FOR A RESALE OR OFF-PLAN CONDO IN THAILAND In case of the sale of an existing condo unit/ apartment in Thailand (as opposed to off-plan) the purchase price for the...
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