TH Thailand property term
Condominium Juristic Person
นิติบุคคลอาคารชุด
Pronounced: ni-ti-buk-khon a-khan-chut
Plain-English definition
The registered legal body that manages a condominium's common areas, finances, rules and services.
Why this matters to a foreign buyer
Before buying, review its accounts, fee arrears, meeting minutes, major repairs and disputes.