Laws about condominiums to be aware of. Ownership rights of apartments.
One of the key aspects to be aware of when it comes to condominium ownership in Thailand is the set of important regulations governing this type of property. Condominium apartment owners have the valuable privilege of renting out their units, which can be a lucrative investment opportunity, especially in highly sought-after tourist areas.
Underpinning these regulations is the Condominium Act of Thailand, a comprehensive framework that governs various aspects of condominium ownership, including property rights and administrative matters for condominium owners.