Condominium Disputes: Rights And Responsibilities Of Joint Owners

"Condominium" combines the Latin roots com ("together") and dominium ("right of ownership or property") into a word that literally means "shared property." This shared ownership of property-which in the condominium's case has come to mean a large building of residential units-has been enormously popular in Bangkok and other Thai cities, and regardless of the economic situation in Thailand, condominiums continue to be attractive to Thai people and foreign investors due to their favorable locations, pleasant common spaces, access to convenient methods of transportation, and reasonable prices. The land available for "low-rise" buildings-such as detached houses, townhouses, twin houses, or commercial constructions-is expected to become progressively scarcer in urban areas, with condominiums or "high-rise" residences eventually becoming the residence of choice.