OBS_VALUE: Foreigners are allowed to own immoveable properties only under the provisions of a treaties. A condominium can have foreigners holding ownership in the units collectively not exceeding 49% of the spaces of the whole units in such particular condominium.For an unofficial English translation of the Lade Code B.E.2497 (1954), please see https://www.krisdika.go.th/librarian/get?sysid=810258&ext=pdfFor an unofficial English translation of the Condominum Act B.E.2522 (1979) , please see https://www.krisdika.go.th/librarian/get?sysid=809785&ext=pdf