correct. That 49 % actually includes leases as well. Total of leases AND freehold may not exceed 49 %. So even your freeholds are limited within that 49 %.
i tried twice to buy xtra condos. Everytime deals were cancelled in the end due to this very fact. The law is very specific in this regard.Only a certain percentage of condos may be sold in freehold, rest as lease.
No so. You have to specifically insist on freehold. When you see condos for sale you will find they are on lease.( unless they state it clearly when advertised ) In my case my condo became 1500 000 baht more expensive because i demanded ownership.You will then get a " blue book" to confirm actual ownership/ freehold. If you dont have that you will not have freehold.