Dear all,

 

What happens when you terminate the 12-month room  ( apartment or condominium) contract?

 

Thanks

It's terminated. 

You move out and lose your deposit.

And if they have already paid the entire rent in advance for 1 year, it is probably also gone !
A contract is a contract, especially in Thailand!

What does your contract say about termination?  That is, before posing to strangers generic questions with zero details, expecting valid advice.

Generally you would lose your deposit and thats about it. I suppose legally speaking you are on the hook for the rental monies for the remainder of the year, but i expect most Landlords could not be bother to pursue you for it if you refused.

I was told once by a brooker that it is commonplace here (not necessarily lawful) that a tenant is walking out anytime and looses his deposit and thats it. He further said that that many times the tenant does not even pay outstanding utility bills, let alone outstanding rental fees as stipulated by the contract.

 

If you have rented via a broker maybe you ask him. Besides I feel it is always a good thing to part with consensus. So you might get approval from the Landlord if you talk to him. If the above is true then he would maybe not be happy but at least not furious. I believe (but do not know exactly) that this would not be a case for the court. Like the other way round: You leave and do not get your deposit back. This obviously happens as well at times.