
The Thai government has repeatedly reaffirmed their warning that anyone who engages in regular condominium rental services may face legal action.
At a conference on Wednesday, the House Committee on Administration, led by Korrawee Prissanantakul, raised a concern about unrestricted daily rentals. State agency staff took part to offer explanations.
Renting property products on a daily basis, according to Mr. Korrawee, is against the law. Also, problems have been raised about foreigners owning apartment units above the permitted maximum. He stated that legal actions may be brought against those who violate the law.
According to Voravut Laipoonsawat, deputy director-general of the Department of Lands, foreigners are not permitted to own more than 49 % of a condominium project’s total area, as opposed to 49 % of the total number of units. This rule aims to restrict foreigners ‘ ability to vote in property juristic organizations.
Mr. Voravut also made note of the legitimate flaws that prevent foreigners from ever visiting Thailand to purchase property units through Thai nominees. A single tourist may also purchase many units, as there is no cap on the number of units an individual can own, provided that full foreign ownership does not exceed 49 % of the condominium’s complete area.
Renting out apartment products on a daily basis, related to lodge functions, is prohibited, according to Rattawit Jitsujaritwong, a lawyer with the Department of Provincial Administration. A registration system is required because the resort industry has an impact on both the market and national security.
Owners of Thai or foreign apartment units who rent out rooms like hotels without the proper authorization may be found guilty of breaking the law. Also, if a condominium’s constitutional representative is aware of such actions, they could face legal repercussions.
One issue is that many of these illegal accommodations are made by users who reside outside of Thailand through Airbnb and other online websites, making protection hard.
Authorities intend to enact the Hotel Act more firmly in the near future through combined procedures involving the Immigration Bureau, city workplaces, police, and the Department of Provincial Administration. Additionally, they will request that online platforms stop running monthly rental advertisements and contact condominium jurists to inform residents that it is against the law to offer daily rentals to tourists.