Samui Law Firm

Traditionally, ownership of an Apartment in Thailand has been all but impossible. Why? Predominately because the Building Permit was issued for the entire building, not for each/every apartment within the building. As a result, those interested in purchasing an Apartment had to engage via a complicated contractual structure in order to cover all implications, like; a) a Sale & Purchase Agreement, b) a Shareholder’s Agreement, c) a Co-ownership Agreement and d) a Homeowners Association Agreement.