The rental or rental of land, houses or condominiums by foreigners is subject to paragraphs 537 to 571 of the civil and commercial code. Foreigners are allowed by Thai law to rent real estate up to 30 years of age and the law is applied in the same way if the tenant is a foreign or Thai national. The rental agreement is written on the back of the owner`s ownership authorization and on the original title of the Landesamt. There will also be an official Thai rental document with the guaruda symbol of the government (see example) that the parties must sign with the Landesamt. This official document must relate to the private lease agreement between the parties. A copy of the private lease, as well as the official lease of the Landamt, is attached to the deed of ownership of the Landesamt. A tenancy agreement is defined in Section 537 of thailand`s Civil and Commercial Code as a tenancy agreement whereby a person, the landlord or lessor, agrees to leave to another person, the tenant or tenant, the use or benefit of his property for a limited period (no more than 30 years on that date) and the tenant agrees to pay the rent. Thailand charges 12.5% of the tax on construction and property to the tune of 12.5% of the annual rent in accordance with the rental agreement or the annual value estimated by the Department of the Land, depending on whether the value is greater than the property that is not the owner`s main residence (. B for example, a second home or a property rented by the owner). In the case of a property (land and house) owned by a corporate building and property tax must be paid by the company, whether the rent is paid or the income received by the company of it.
As in the case of the purchase of real estate, the property for rent should have a fact not subject to the law and should not concern. B property rights or land that has been transferred under a right of withdrawal from the previous owner, as this could affect the validity of the lease and its applicability. A misunderstanding of rental or rental laws and the structuring of a long-term lease in Thailand often leads to errors: Most problems can be avoided by proper planning, due diligence on the ground and obtaining legal advice and assistance before signing a lease or paying a rental deposit. Thank you for downgrading this document. I know you weren`t aware of the help, but I have any doubts about the rental fees that we really have to pay over the years? Years ago, we rented a piece of bald land (only for agriculture) for only 10 years and it`s now over.