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Giving tips for choosing the right condo, Department of Lands edition

Condominiums or condominiums, residences that meet the needs of modern lifestyles, good locations, convenient travel, but many times when you have already decided to buy Came back and problems followed. The Land Department gives tips Choose the right condo and condominium building to buy.

"Condominiums" or condominium buildings are considered residences that receive a lot of attention. Because it meets modern lifestyle needs, good location, close to work, next to the BTS, close to department stores, schools, has a swimming pool, fitness center, and has a security system. Don't worry about flooding. But it doesn't mean there aren't any problems. Therefore it is necessary to check carefully. Before deciding to buy

The Real Estate Business Promotion Office, Department of Lands, provides complete tips for choosing to buy a "condominium" or condominium building so that buyers do not have to face problems in the future.

Criteria for inspection before purchasing a condominium or condominium unit

There are 2 types of buying a condominium or condominium unit: buying directly from the project. which is divided into still under construction and in the case where construction has been completed and buy second-hand apartments after another person

How to choose a condominium that is under construction

1. Must check the building construction permit from the local official according to the Building Control Act B.E. 2522 from the condominium or condominium business operator.

2. Must check the land title deed. Show ownership of the plot of land where a condominium or condominium building will be built by the entrepreneur. If the land has other encumbrances Condominiums cannot be registered except for:

3. Check the map showing the boundaries of the land where the building is located. Is there an entrance or exit? and the entrance Is it a public way? If it's a personal route You must check that the owner of the land is registered. Has the servitude already allowed the use of the land as an entrance and exit to the building? So that there are no problems later on.

4. Collect advertising documents or all project publicity brochures, in case in the future if the project breaks the contract and does not do as advertised Can be used as evidence in litigation against the project. Because the law considers it part of the purchase and sale contract.

5. Check the reliability of the project. Entrepreneurs are stable And does it have a good business history? Are you a natural person or a juristic person? If it is a juristic person Is there any person who has authority to act on our behalf? You can check this from the Department of Business Development. Ministry of Commerce or Provincial Commercial Office

6. Check construction start time. and construction completed of the project

7. Entrepreneurs must use a contract to buy and sell a condominium unit or (A.C.22) as announced by the Ministry of Interior. Subject: Specifying the form of purchase and sale contract and condominium purchase contract according to the Condominium Act B.E. 2009

8. You should check other expenses besides the price of the condominium or unit, which the unit owners must jointly pay for, such as common service fees. Maintenance costs and

Handling common property, etc., can be inquired from the condominium business operator.

9. Check the list of common assets of the condominium.

How to choose a condominium that is under construction

1. Check condominium registration. Applicant for condominium registration You can request an inspection from the condominium business operator or from the local provincial land office.

2. You should check the title deed number and the amount of land area of the project. Map showing the land area where the condominium is located. and the entrance and exit of the condominium building You can check from the local provincial land office.

3. Check the reliability of the project as if it were under construction.

4. Check the list of personal assets. and common property Is it consistent with what was advertised? You can check from the building where the project is located and the business operator of that condominium.

5. You should check other expenses that must be paid by the condominium owner. In addition to the price of the apartment The condominium owners must jointly pay expenses such as common expenses, capital funds, etc., which can be checked by the condominium business operator.

6. Check the regulations of the said condominium juristic person first. Will I be able to accept the regulatory conditions?

7. Collect advertising documents or all project publicity brochures, in case in the future if the project breaks the contract and does not do as advertised Can be used as evidence in litigation against the project. Because the law considers it part of the purchase and sale contract.

How to choose a second-hand condominium from another person

1. Check the condominium title deed and the location of the condominium. and the condition of the apartment Whether ready to live or not

2. What is the condition of the condominium's common assets, such as parking, swimming pool, exercise room, etc.?

3. What is the management of the condominium juristic person like? How much common expenses must I pay? How is it collected? and manager actions And is the condominium juristic person committee effective?

4. In transferring ownership of a condominium unit Competent officials will be able to register rights and juristic acts. When the said condominium unit is free from common expenses debt. The current debt-free certificate from the condominium juristic person must also be presented.















Source:https://www.thansettakij.com/real-estate/582503

No. 4/12/2023

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