Jump to content

help with - understanding leases in thailand


Recommended Posts

ive been looking into buying a business and lucky for me i got some sound advise from another TV member about the lease oin the business or should i say non lease left on the business.

anyway,  what lease is best to buy say a bar/guesthouse business 3/3/3 of course ? 

whats difference between

direct lease

sub lease

renewable lease

rolling lease

etc etc

 

and the important question for me is this,  what if i buy a business on say for instance a restaurant with a 3 year lease and after the 3 years the landlord says they wont renew,  then i do not have a leg to stand on ,correct ? 

what if i buy a business and half way through my lease of 3+3+3 the landlord says, i cannot operate a restaraunt anymore on his premises or even that they want me out ,  then again i do not have a leg to stand on , correct ?  

 

this is thailand right .

cheers

JACK

Link to comment
Share on other sites

ChickenrunCM is correct.

0 to 3 years = Not necessary to register lease at land office. That's why for landlords it's the lease of choice.

3+ to 30 years = Minimum to maximum lease period that must be registered at the land office.

x+x+x year leases = Not worth the paper they're written on.

Edited by KarenBravo
Link to comment
Share on other sites

Believe it or not but there are owners that will give longer lease terms and even without having to pay keymoney.

Keep looking until you find one. For the ones that don't, they are mainly scared of paying taxes or never be able to raise prices. You could suggest adding the tax to the rent and include a yearly increase in rent as a percentage. Maybe one will see the value in it. Still the change is slim. Until then don't start a business as it can and will be killed (made unprofitable,unsustainable) after 3 years. Don't get your hopes up.

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Recently Browsing   0 members

    • No registered users viewing this page.








  • Topics

  • Latest posts...

    1. 0

      Rotterdam Stabbing Rampage Knifeman shouted "Allahu Akbar"

    2. 0

      More Than 70,000 Soldiers Fighting for Russia Have Now Been Killed

    3. 0

      Former C.I.A. Officer Sentenced to 30 Years for Sexual Assault and Drugging Women

    4. 0

      Ukraine’s Right to Strike America Should Allow Missiles to Hit Military Targets in Russia

    5. 0

      Chechen Leader Accuses Elon Musk of Disabling Cybertruck

    6. 0

      Labour Councillor’s Controversial Past Resurfaces After Promotion to Leadership

    7. 0

      Taylor Swift Shines in Poll, Surpassing Expectations Against Trump and Harris

    8. 0

      Shocking Revelations at Sean Diddy Combs Hamptons Sex Parties

    9. 0

      Italy Advances Proposal for Chemical Castration of Rapists and Pedophiles

    10. 0

      Harris-Walz Campaign Opts for Media Silence as Election Nears

    11. 0

      Starmer Asserts Control Amid Internal Turmoil Over Sue Gray’s Salary Dispute

    12. 18

      High cholesterol as a pre-existing condition?

    13. 2

      Extension longer than visa validity.

    14. 46

      Why do some Farang worry so much about Thailand being too =hot=?

×
×
  • Create New...
""