April 27, 2011

A New Tool for Real Estate Buyers

Bangkok Post, Corporate Counsellor Column

Thailand’s property market is still on the rise and highly competitive. Advertisements for new real estate developments are everywhere, and with them are promises of freebies. While some projects offer free air conditioners, televisions, and furniture, others promise gyms, swimming pools, and even nurseries. Often such promotional gimmicks are in fact not referenced in the purchase agreement. So what happens if, after project completion, the developer fails to deliver on its promises? This article outlines the available recourse under Thailand’s Consumer Case Procedure Act.

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