Lease Agreements
For foreigners interested in long-term property arrangements in Thailand, leasing is a preferred option. Since foreign ownership of land is limited, leasehold agreements are commonly used. Leasehold involves one party granting another the use of a property for a set period in exchange for rent for a maximum of 30 years. Thai law governs property rental and lease agreements, requiring leases exceeding three years to be registered at the Land Office.
The maximum duration for a lead agreement in Thailand is 30 years. Any lease agreement that is over 3 years in length must be registered at the Land Office.
A rental agreement can be verbal or written, but it's advisable to have a written agreement signed by both the landlord and tenant. Additionally, translating the rental agreement into both English and Thai is recommended.
Lease agreements lasting up to three years may be written in a language of choice and require no registration with the Land Department. For agreements surpassing three years, a Thai script version must be registered.
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Les services inclus dans ce package
Initial Consultation: Conduct an initial consultation with the parties involved, including representatives from all the partners, to gather essential information and understand the specific details of the agreement.
Drafting of the Rental Agreement: Prepare the draft comprehensive Rental Agreement, including any amendments or revisions.
Finalization: Prepare the final version of the Rental Agreement, ensuring accuracy, completeness, and compliance with all applicable laws and regulations.
- Answering any questions relating to the Rental Agreement.
No automatic right of renewal for lease agreements
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Questions Fréquemment Posées
The four types of lease agreements are fixed-term lease, periodic lease, automatic renewal lease, and security deposit lease.
Leasehold in Thailand is when a person leases a property for a specific period of time, usually up to 30 years, from the owner of the land. The lessee has the right to use and occupy the land during the lease term but does not own the land.
The rule of a lease agreement is to outline the terms and conditions agreed upon by the landlord and the tenant for the rental of a property. This includes details such as the rental amount, payment schedule, security deposit, maintenance and repairs, and termination of the lease.
What is the difference between tenancy agreement and lease agreement?
What are the 3 main types of lease?
How long is leasehold in Thailand?
How do I evict a tenant in Thailand?
How can I break my lease in Thailand?
A tenancy agreement is typically used for short-term rentals, while a lease agreement is for long-term rentals. A tenancy agreement is often used for residential properties, while a lease agreement can be used for both residential and commercial properties.
What are the 3 main types of lease?
How long is leasehold in Thailand?
How do I evict a tenant in Thailand?
How can I break my lease in Thailand?
Leasehold in Thailand is usually for a maximum period of 30 years. However, the lease can be renewed before expiration with the agreement of both parties.
How do I evict a tenant in Thailand?
How can I break my lease in Thailand?
Breaking a lease in Thailand can result in legal consequences and financial penalties. Tenants must follow the termination conditions outlined in the lease agreement, such as providing notice and paying any penalties or damages. It is advisable to seek legal advice before breaking a lease.