Buying a Condo in Thailand
If you are thinking of buying a condo in Thailand then you need to understand the laws which govern the buying of condo units in Thailand. The following is the Condominium Act of Thailand and needs to be understood. Speak to us online for more information.
There are different branches within the Thai legal system. Much like the West the administration of justice is based on a court of first instance, which in the UK is the Magistrates Courts, there are also Municipal, Regional Courts and a Supreme Court.
The Foreign Business Act has created much upheavel in 2008 when changes had been made. Lets look at what defines an Alien in Thailand, the limitation of business ventures by foreigners and capital requirements under the FBA. Speak to a lawyer in Thailand for more changes to the laws of Thailand.
There has been much discussion about the Treaty of Amity between the United States and Thailand over the past 2 years. The reason being that under WTO rules you are not permitted to favour one country over another. Speak to a lawyer about what is still applicable and how in Thailand with regards to this treaty!
Laws in Thailand derive from two major sources; the legislative and executive branches of both central and local governments. There are other sources of law which it derives from as follows. Keep in mind that it is not that long since laws have been codified. Speak to a lawyer in Thailand about the laws in Thailand.