If the owner of a condo in Thailand decides to sell the property, your rights as a tenant largely depend on the lease agreement. Under Thai law, lease agreements for fixed terms are generally enforceable even if the property is sold to a new owner. The new owner must honor the lease terms, including the remaining duration, rental payments, and other clauses specified in the original contract, such as the right to sublet, until the lease term expires.
However, some provisions in the lease, such as renewal or succession clauses, might not transfer to the new owner, depending on the agreement .
If your lease includes such provisions, it’s important to verify that the sale of the condo does not affect your renewal rights or other non-lease rights. It may also be beneficial to consult with a local attorney to clarify your specific situation and any potential impacts of the sale .