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Cant decide if we should renew tenants lease. What do you think?

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Another option: You could ask if they would consider a "Rent-To-Own" lease spreading the cost over 10-15 years with a "forfeiture of all funds paid" clause if they fail to complete it.

IF they're running a good business model it would be good for them AND you'd keep getting paid for the duration, the insurance issues would switch to them (her), and you'd have less headaches because Thai laws are different for purchasers vs renters.( i.e. responsibilities)

Might be a consideration based on your age and future plans with the property as repair/renovation costs will just increase over the years.

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    You're on the right track attempting to make your tenant contractually liable for damages that may arise out of their activities and you are correct that your tenant may or may not have the means to m

  • richard_smith237
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    Thats the start of it..      thinking too much.   You have good tenants, who've proven themselves to be good and reliable tenants. You also seem to be a very considerate landlord.

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On 12/9/2023 at 2:12 PM, cracker1 said:

With your next lease also require that the husband and wife both sign as Guarantor's of the lease, separately.

I dont understand your comment. They will be signing as lessee's. 

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