Long Term House Rental

[Levent]

Hello,

We have a house for sale and recently received an offer for a long-term rental. We weren't planning to do this before, but it sounds interesting. However, before deciding, we need to know everything as far as rules, contracts and regulations are concerned. For example, what would our rights be if there turns out to be a problem and we want the renters to leave the property? In what way are we protected by Thai law? (if any)

Any info from people who have done long term rentals, and any tips are highly appreciated. Thanks.

[londonthai]

look at the issue from the other side - the tenant moves, signs the contract for a minimum time, pays you deposit and rent - and at the same time you still have a possibility of advertising and finding the buyer for this property. You might include a close in that contract, that you have the right to visit the property at any, agreed in advance, time and show it to any potential buyers. It might turn out, that your lodgers would become buyers of your property, if they like it.

You have always the right of eviction, if your tenant brakes the contract - but the court should be the last resort after the mediation

[astral]

Do the rental year by year, leaving the option on both sides to terminate.