Problems Related to Real Estate Law: A case study of the Commercial Buildings in Unallocated Land Project Development
Journal article
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Publication Details
Author list: Chonlapeuk Janjaratsang, Mongkol Ussavadilokrit
Publisher: คณะบริหารธุรกิจ มหาวิทยาลัยเทคโนโลยีมหานคร
Publication year: 2023
Journal acronym: JMUT
Volume number: 20
Issue number: 1
Start page: 42
End page: 66
Number of pages: 25
ISSN: ISSN 0859-9750
eISSN: ISSN 2697-4347
URL: https://so04.tci-thaijo.org/index.php/journalmbsmut/article/view/266154
Languages: Thai (TH)
Abstract
Residential real estate development is a highly investment-intensive business and involves a number of laws. If there is a problem with the development of the project, it may cause a lot of damage and impact on the people involved. The purpose of this research is to study real estate law problems, including analyzing causes and making suggestions to solve or prevent problems from occurring for commercial building projects that are unallocated projects. Most of which are projects initiated by new project developers who may not have much experience.
This research is qualitative research that studies secondary data related to real estate project development process, legal issues and related research. Then, the data were used to prepare in-depth interviews to collect additional information from 12 experts involved in real estate project development, consisting of project developers, contractors, designers, government officials and financial institution officials. The data was analyzed using content analysis and triangulation to confirm the reliability of the data.
The results of the research revealed that there were several issues with different legal requirements. The most severe problems that may cause the project to fail or be demolished are related to conflicts with neighboring land or public land, construction drawings and construction. However, project developers should be aware and be careful from the early stages of project development in order to find ways to prevent and solve problems that may arise.
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