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What are Thai Laws regarding a land lease?
Requested and Answered by Authority on 05-Mar-2009 11:21 (852 reads)
A land lease for duration of 3 years and more must be registered with the Land Department, and some fees must be paid. The maximum duration is 30 years, which may be renewable for another 30 years.
In case the parties agree for a lease of 60 years (30 years with an option to renew for another 30 years), a deposit payment against the rent payable during the 2nd part of the contract shall be made at the same time the payment of 1st half?s deposit. The land title deed should be in possession of the tenant to ensure his rights under an agreement. This sort of leasing agreement may become a problem in case the land is passed on to the tenant?s heirs.


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