You are using an outdated browser and your browsing experience will not be optimal. Please update to the latest version of Microsoft Edge, Google Chrome or Mozilla Firefox. Install Microsoft Edge

April 19, 2011

Revocation of a Juristic Condo

Subscribe to Updates
Bangkok Post, Corporate Counsellor Column

A number of Thailand’s condominiums were built many years ago and, depending for the most part on the quality of maintenance since their construction, are at present in varying states of repair or disrepair. While some condominiums have been very well maintained, others have suffered damages to their structure or deteriorated drastically from long use and neglect. The Condominium Act B.E. 2522 (1979) provides certain mechanisms for owners of condominium units to exercise their right to repair and restore the condominium, or even to revoke the status of the condominium registration if no owner wants to repair the damages. This article provides an overview of the available options.

Download Full Article
Related Professionals

Practices

Real Estate

RELATED INSIGHTS​ 

June 3, 2016
In 2011, when Myanmar embarked on a series of political and economic reforms, there was a surge in demand for real estate. Demand quickly outpaced supply, resulting in an undersupply of quality office space and housing. By 2014, rental prices in Yangon’s prime areas had climbed to as high as USD 100 per square meter, rivaling those found in lower Manhattan and over three times those in prime areas of Bangkok.
Read More
April 11, 2016
Doing Business, a Q&A-style guide published by Practical Law Company in association with Lex Mundi, presents an overview of key recent developments affecting doing business in 41 jurisdictions worldwide. The Thailand chapter, written by attorneys at Tilleke & Gibbins, provides an overview of the country’s legal system and the key laws applicable to foreign companies doing business in the Kingdom. In particular, the chapter examines the following main subjects:
Read More
January 15, 2016
The Guide to Doing Business in Thailand, published by Tilleke & Gibbins in association with Lex Mundi, provides a comprehensive overview of the legal and business environment for investors entering the Thai market. In particular, it covers topics such as the current political climate, investment incentives, financial facilities, exchange controls, import and export regulations, establishing and operating a business, labor and employment, tax, and immigration requirements. The guide provides an invaluable primer for investors new to Thailand.
Read More