Ask here about the pleasures and pitfalls of buying, selling or renting property and real estate in Hua Hin. Building, design and construction topics welcome. Commercial or promotional posts for real estate companies or private properties are forbidden.
The development where we live in Rayong is now maturing with only 6 houses out of 54 remaining to be sold.
The developer has now indicated it's time to form a resident's committee to take over control of things like paying/hiring/firing security, landscaping services, infrastructure maintenance/repair etc.
There are some high ranking Thai naval officers living here so finding someone to manage it shouldn't be difficult, hopefully.
My question is to anyone who has been through a transition like this. Has it gone smoothly or is the process filled with ongoing problems and headaches? Any advice from experience much appreciated. Pete
Governments are instituted among Men, deriving their just powers from the consent of the governed. Source
There will be headaches.
You must form an association and elect a board of directors.
If you can have some of them there full-time its a big help.
The board will have to arrange all the services unless you are happy with what has been provided so far by the developer and just continue on.
Try to get as much financial info as you can from the developer so you know your costs. There will be communal charges for infrastructure (including electricity for things beyond the home like streetlights etc), security, common area gardening, etc.
If you don't know any of these costs it makes life more difficult because you have to make an operating budget to pay municipal water and electricity plus the estate's own services like garbage, gardening etc.
This brings you to setting a charge per house. Some will want it per house, others will want it by m2 of land etc.
Then you have to get the money.
Some will be late payers, others will not understand why they have to pay beyond the purchase of their house, others will bitch at spending 25 pounds or $40 or 40 euros to send money from their country.
I advise getting payment up front otherwise you have to chase people and those who have paid will resent non-payers. Make sure money is paid directly into the resident committee bank account. Lots of stories about people paying cash to the office manager, getting a receipt and you know the rest.
You will need to form a legal body or mooban in order to properly deal with gov't agencies, banks etc. Consult a lawyer on this. It takes time so don't expect it to get done in under a couple or three months.
Hope this helps.
Thanks John, that's good info. Everyone is already paying based upon m2 and all but 10 of 54 owners are residents as their primary dwelling, so assuring the board is here shouldn't be a problem.
All but two properties are owned by Thai's. Those two purchased via the company route.
We'll probably continue using the developers people as this is a big place surrounding a golf course and they continue to build new, small developments on the property, so they're not going anywhere. Thanks again. Pete
Governments are instituted among Men, deriving their just powers from the consent of the governed. Source
As per "regulation of the central land allocation committee governing the establishment of housing estate juristic person, Nov. 15, 2002" etc., it states: provides that such housing estate has been purchased not less than half of all the land plots on offer for sale.
The first act has to come from the land developer. Once, you as the resident obtain the registered notice from them to form an association, as suggested in this topic already, get the assistance of a lawyer firm. To do that you have 180 days to comply with it.
Until you formed the official association, the land developer is responsible for the upkeep of the property, but not necessarily for the security. They could pass on the cost of security to the residents beforehand.
