Peterw42

1 hour ago, NoshowJones said:

I know about the protection from banks with a credit card, but what about a debit card? I have had 3 withdrawals from sources I had never heard of amounting to over 3000Bt in the past two weeks even though I told the bank not to pay out. Do I have any protection with a debit card?

What do you mean by "I told the bank not to pay out". You were expecting these transactions before they happened ?

Are the withdrawals from an ATM ? How did they get your PIN?

If your card has been skimmed and and you inform the bank, then you will be reimbursed.

Credit cards or debit cards are no different when it comes to an unauthorized transaction.

11 hours ago, couchpotato said:

1)You do realise if you went that route, that 'she, in her name' (not you) would have to bring the total purchase price in from overseas. Inward remittance would have to be in her name. You cannot use money already in Thailand.

2)Using her Australian passport to purchase is probably feasible, but at some stage (either at the Bank or the Land Office) someone is going to query the lack of Visa/Extension/entry stamps in her passport, then she will need to show her Thai ID and this may cause problems.

Be careful.

The foreigners immigration status has nothing to do with buying, there is no requirement that the foreigner entered Thailand using their foreign passport, or has a current visa etc. You can literally be outside Thailand and complete a purchase using a POA.

She is Thai, of course she cant buy in the foreign quota.

I cant believe you are even asking the question. If Thais can buy up all the foreign quota, then its no longer the foreign quota.

Premium economy, where you pay extra for the basic facilities that should be included with any ticket.

6 minutes ago, parafareno said:

you mean if i get a lawyer you don't have to have 800k in the bank? But it costs 30k each year for lawyer?

its not a lawyer, its an agent. You pay them and they take care of everything, usually includeing the money in the bank requirement. Probably 90% of people on retire visa's use an agent.

Thanks for the link, I will certainly be voicing my concerns and advocating that Airbnb be completely shutdown in Thailand.

If you want a short term rental, stay in one of the 1,000s of great and affordable hotels, if you want a long term rental sign a lease on a condo.

There is no need for airbnb to operate in Thailand.

Everything sells for the right price.

The trouble is, in Thailand, nobody knows what that price is because there is no sales data.

Most properties have a value/worth based on supply and demand, past sales of like properties etc, its not uncommon for a property to be worth the same as it was 10 years ago, and if you buy at this price originally and sell at this price, then resales are often very easy.

Where it all falls apart is people do no research and buy/sell at ridiculous prices plucked from thin air. If you buy at these stupid made up prices, then a resale at the same prices will be very hard.

The Thai market is not like back home where the whole market rises 5-10% year on year. It doesn't stop people thinking the market does go up and asking ridiculous prices, based on what the guy down the road is asking.

If you paid 2 million baht for a 1 million baht property, you will have problems with any resale. It doesn't mean the Thai market went down and nobody is buying, it means somebody paid way over the actual real market value.

14 hours ago, Dewey said:

Good afternoon,

 

quick post to ask about condo management (or juristic office). I've been living in the same condo for the last 12 years and I'm an owner since 6 years.

Today, other owners (Thai) reach out to me because they are sick of the condo management and they are gathering all the complains they can find.

They know I had a few problems with the management in the past and they want me to join their crusade (probably because I was the only one asking questions management didn't want to hear at the last year co-owner meeting).

 

Anyway, I'm thrilled about this and for once it's started from Thai owners so I will not be the bad "farang" who complain about everything 🙂

However, before joining them I have a few questions about condo management and hopefully someone here will have a few answers :

 

- Since the new management took over the condo, new rules appears and if we don't respect those new rules we can get a fine (from 1000 to 5000 THB)

1. Is there a general law in Thailand about rules in condos ?
2. Can they add new rules without the approval of the majority of owner ?
3. Can they fine condo resident ? On which authority ? What can happened if an owner refuse to pay a fine ?

 

- Last year they raised the annual fee for owner (which we vote yes for) because they didn't have enough cash to pay the staff and condo upkeep), they also had a debt of 200K THB.

1. They complained about not having enough money to pay the staff but they still let them do overtime on weekends, during next co-owner meeting can we ask to see the cost of management (salaries, overtime paid etc.) ?
2. Can we request to have the total spending per month for maintenance, external contractor and other type of spending ?

 

Thanks for the help.

Is there a general law in Thailand about rules in condos ?

As others have said, there is a condo act that covers everything to do with condo admin. However, there are usually specific bylaws for each condo block , things like no pets, noise etc.

Can they add new rules without the approval of the majority of owner ?

These laws are set when the condo block is established and filed at the land office, and can only be added to or amended via a vote at annual meeting etc.

Can they fine condo resident ? On which authority ? What can happened if an owner refuse to pay a fine ?

On authority of the condo act, where its is all layed out in great detail, including penalties for non payment.

Can we request to have the total spending per month for maintenance, external contractor and other type of spending ?

As stated in the condo act, a monthly statement must be available and posted for view, covering the money in out each month (usually posted on a notice board outside the office). And the fully audited accounts must be available at the AGM, (its usually one of the first items on the meeting agenda)

If you are looking at getting rid of the current management company, the first thing is to look at their contract. These mafia like management companies usually have a very complex contract ensuring its almost impossible to sack them, and although they are not supposed to, they control meetings, proxy votes etc and then vote not to sack themselves.

Thai condo act in English

https://www.samuiforsale.com/law-texts/new-thailand-condominium-act-2008.html

6 minutes ago, Maejo Man said:

Another keyboard warrior that knows nothing of the true facts!

Maybe you can enlighten us as to the "true facts".

Explain why its anything more than 2 guys flee police, police catch them, they then assault police and take police gun.

Are there further facts being withheld ?

Wow, absolutely gobsmacked, There are actually people that think the NZ guys action is normal, justified etc.

And they walk amongst us.