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Due to Thailand is the land determined by a lot of people from the different countries around the world as the most exotic and beautiful locations in the world, so there are many numbers of those who would like to own real estate and property in Thailand. And this also increase the number of tourists as well as ones who tend to become a citizen who have legal right to live in Thailand. While others like to visit Thailand as tourists no matter just once in their lifetime or would be often, some who are coming to Thailand eventually decide to remain in the country as expatriates. When you are seeking to relocate to any country, the issue of home ownership becomes a supreme concern and you must to know exactly. Do not need to go far from here to search for legal information if you are looking for some real estates in Thailand to own legally, what you really want to know is stated below and hopefully this piece will shed light upon some of the many facets of Thai Property Law.

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According to the Condominium Act of Thailand, foreigners and foreign juristic persons are allowed to own a condominium unit in Thailand in their own name, but only when there are apartment units in a condominium building registered under this law. What to know is that not all apartment buildings in Thailand are registered under the Condominium Act. It is normally that the foreigners usually find too many apartments building where built without registration in the tourist areas of Thailand, but it is difficult to differentiate between the registered apartment building and unregistered ones, especially for a foreigner. Both registered and unregistered many times appear in the same looks while the legal protection is limited for the unregistered compared to the protection offered to the owners and purchasers under the Condominium Act. And also, only registered condominiums offer freehold ownership over the units.

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