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Necessary Key points before leasing property

Several foreigners stop to prolonging their visit in the hot port of Thailand. After living some months in overcrowded rooms of hotel, very much wanted apartment or residence that is frequently preferred. But, during this foreigners are not permitted to possess some immovable properties in the Kingdom on lease, apartments or houses are generally resorted.

Though some other legal options also exist to gain attention over immovable properties, leases are much common because this is only a familiar kind of business for foreigners.

It is vital to familiarize yourself with a limited leasing fundamentals in Thailand to confirm that you will not contain unwanted meetings with the lessor as well as law when you are a potential lessee or renter, Mostly you should be assured that you contain a suitably implemented lease contract among lessor and you, when the duration of lease is only one or two year. the duration of lease surpasses more than three years, it is authoritative that the contract of lease will be recorded in the Land Office. Contract of lease is critical in the incident of upcoming quarrels.

Therefore, to confirm that your human rights are secured and attentive over the leased property, the Lessor is obligatory in the form of written contract. Similarly it should also certify that oral arrangement should truly redirect in the contract with Lessor. Here facilities or services of a reliable Thai lawyer become critical. Lawyer will confirm that the rapports of the contract are according to settlement of the parties.

Last modified onSunday, 06 October 2013 14:46

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