According to the Condominium Act 2008 (№4), foreigners may purchase the units in condominiums in full private ownership*. Ownership conditions: 1. Foreigners do not own more than 49% of the total area of the condominium, 2. The funds for the condominium unit purchase has been arrived to Thailand from abroad that is confirmed by the special certificate issued by Thai Bank in the TT3 form. While fulfilling these conditions the buyer becomes the sole and full-fledged owner of a unit in condominium and has the right to dispose of it at his discretion, to possess, use, sell, give, bequeath.