Thailand related terms (legal and practical).
Term | Main definition |
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Maintenance fee | generally in relation to section 18 of the Thailand condominium act referring to contributions to the juristic person for repair and operations fees paid by the unit owners for the upkeep and running of the building and common areas of the condominium |
Marital | connected with marriage or the relations between a married couple (married persons) |
Marriage | The legally recognized registered relationship of a man and a woman having mutually given consent to marriage and to live together in the relationship of husband and wife and legal registration being made in the marriage register. |
Mortgage | Section 702 of the Thai Civil and Commercial code describes a mortgage is a contract whereby a person, called the mortgagor, assigns a property to another person, called the mortgagee, as security for the performance of an obligation, without delivering the property to the mortgagee. The mortgagee is entitled to be paid out of the mortgaged property in preference to ordinary creditors regardless as to whether or not the ownership of the property has been transferred to a third person. |
Mutatis Mutandis | Latin language for 'by changing those things which need to be changed', in law texts meaning, more or less, the referred sections shall be applied on the same but is to be altered, when necessary, on points of detail. |