Sell or Transfer of a condo within 1 year of dying!

[riki48]

Hi All

Just wanting to know where it's written ( if in condo act / land office regulations etc ) regards where it mentions that a property in Thailand in foreign ownership ( I'm particularly concerned regards a condominium held in foreign name ) has to be sold or transferred within a year of the owners death.

I keep hearing about this 1 year stipulation and seek further information

This relates to an early thread I had relating to empty condo's and how a committee can best deal with this every increasing issue.

ie. If we know an owner has died and no one has come along within 1 year to lay claim then can the issue be dealt with as in the authorities have the power legal right to sell the condo.

Riki