Abstract

• Condominium market is popularly advanced by the growth of population and development of the urban areas in Myanmar. Although the Condominium Law was enacted in 2016, the condominium market has been started since about 20 years ago by the related laws; the Contract Act, 1872, the Transfer of Property Act, 1882, the Urban Rent Control Act, 1960 and the Transfer of Immovable Property (Restriction) Law, 1987. The condominium market is increasingly launched high number of sales by residential demand. However, most of the developers still have the insufficiency of management such as the condominium executive committee, maintenance plan and the building insurance policy. Then, the buyers or unit owners face the issues on difference between leasehold land and freehold land of condominium, lack of preparedness plan of natural disasters, rights to immoveable property and common property, and longterm mortgage rights. These problems have arisen due to the incomplete and inappropriate elements of the Myanmar Condominium Law. This paper aims to study the principles of Condominium Law, analyze the problems of the Myanmar Condominium Law. The paper highlights the performance of the condominium executive committee, enforcement to keep the building insured and appliance of the dispute resolution for condominium-living.