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Posted
Just now, Peabody said:

For apartment buildings, maybe not so hard. It seems that EACH apartment counts as an individual property.

What if you're renting a house? Are you covered? Or does your landlord need to own 4 other properties?

Posted
3 minutes ago, banagan said:

Or does your landlord need to own 4 other properties?

If you read the original article it doesn't say it applies if they own 5 properties.  It says:  "The changes apply to property owners that lease five or more residential units, whether in one or multiple buildings."

A minor loophole that I'm sure will be taken advantage of.

Posted
3 minutes ago, TerryLH said:

If you read the original article it doesn't say it applies if they own 5 properties.  It says:  "The changes apply to property owners that lease five or more residential units, whether in one or multiple buildings."

A minor loophole that I'm sure will be taken advantage of.

Seems like this wouldn't apply to a lot of tenants then.

Posted

I'm sure many landlords will say the specific "reasonable cause" given by the tenant is not good enough...and of course the tenant will say it is. When the dust settles we have lawsuits, fights between the landlord and tenant, etc. 

 

The govt will need to issue some acceptable reasonable causes and required proof to validate to prevent landlords and tenants from fighting over what is acceptable and what is not.

 

Quote

 

One major change is that long-term leases can be terminated with 30-days notice provided tenants are current on their rent and give “reasonable” cause. That should make things easier for the nearly 20,000 members of the Take Over My Lease group on Facebook.

 

“Of course, a reasonable reason needs to be given,” said real estate consultant Sopon Pornchokchai. “For foreigners, that might be the need to move back to their country, and for Thais it might be the need to move due to a government position transfer. You can’t just up and leave whenever you want.”

 

 

Posted

The main problem with the law is that it has been introduced with zero consultation, indeed i think it was a shock to everyone when it was announced.

Even lawyers who specialize in real estate are struggling to understand how it will work.

 

Yes there is arguably a need to bring some regulation into the sector to protect both tenant and landlord, but this law seems to have been rushed and poorly thought through meaning know one has a clue what it means, how it would be applied etc etc

Posted
3 hours ago, smutcakes said:

The main problem with the law is that it has been introduced with zero consultation, indeed i think it was a shock to everyone when it was announced. //

 

I read somewhere - probably on this ThaiVisa forum - that these new rules have been discussed on Thai media for already 2 years, and that it's absolutely no surprise for many Thai owners. Hard to say "zero consultation" in such a case !

 

Edit: An article posted last week and that I think is a good summary on the situation : Thailand’s new residential lessee protections (part 2)

Posted
31 minutes ago, Pattaya46 said:

 

I read somewhere - probably on this ThaiVisa forum - that these new rules have been discussed on Thai media for already 2 years, and that it's absolutely no surprise for many Thai owners. Hard to say "zero consultation" in such a case !

 

Edit: An article posted last week and that I think is a good summary on the situation : Thailand’s new residential lessee protections (part 2)

They have not been discussed on here for 2 years or anywhere, they were a complete shock when they came out. As can be seen when they first came out, no one had a clue about them. In the real estate industry know one has a clue about them when they came out, so obviously no consultation was done, or with the wrong people.

 

They are a complete mess and will just make everything more confused and create more grey areas for exploitation.

 

All the article you posted seems to do is reiterate that know one is really sure. Phrases all over the article  like 'not completely sure' 'not sure if it applies' etc etc shows this.

Posted

@smutcakes:

Quote

According to some Thais I have spoken to in the past few days, this Law has been widely discussed in the Thai media for two years or more. It's not news to them. Why has something potentially so important been ignored by the mainstream English language media? 

 

I knew I also read that on ThaiVisa. This come from this post:

 

Posted
15 hours ago, Pattaya46 said:

@smutcakes:

 

I knew I also read that on ThaiVisa. This come from this post:

 

You said he it had been talked about for two years which is not true, it was a complete surprise to everyone when it came out, and then you quote an article from February this year when the law was issued?

I have no idea which Thais you talk to, but i find it very difficult to believe they have been talking about this new law for a few years lol.

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