It is considered a capital lease because it frequently can exceed the lifetime of the owner and it must be recorded in the Amphoe land office. That said, any land owner can enter into a contract like this. The clerks at the land office will review it and make sure the interests of the Thai owner are met. These include an arms length transaction, fair remuneration, and equitable terms of dissolution. If you meet these requirements, they file an addendum to the deed (chanote).