Phuket Condominium Law

There have been recent changes to Thai law which will affect people who have an interest in Phuket property.

For example, if you’ve invested in Phuket condominiums you should be aware of the ammendments to the Condominiums Act effective as of the 4th July 2008. The good news is that the buyer has increased rights.

Developers, under the new regulations, will be accountable for what they’ve promised in their advertisements.

Upon completion of the condominium project, advertising materials such as brochures, plans etc, must be submitted to the Condominium Juristic Person (CJP), and the legal body which manages the condominium will have to confirm that the delivered product meets the advertised specification.

This is further strengthened by imposing fines of up tp 100,000 baht against developers found to be in breach.

With regard to common area fees and costs, the developer will further be responsible for paying these fees for unsold units, which constitutes an obligation on the developer beyond completing construction and registration of the Phuket condos.

The new regulations will further require developers to provide a specified access way from the project site to the the public road and to create different entrances for any shops in a condominium building to protect residents from disturbance and nuisance.