Leases length

[XGM]

When discussing retail leases, 3+3+3 is mentioned as the standard way. Lanlords are reluctant to sign longer leases since "those should be registeted at land department".

Could someone elaborate on this issue, what are the inplications in this case.

[Mario2008]

A rent registered at the land office is much stronger as it can be known to others that the rental agreement exists on the property.

Think for instance in the case of selling the property or more important bankrupcy and forced sale of the property. If registered at the land office you would be protected, if not you could possibly be evicted.

[bangkoklawyer24]

A rent registered at the land office is much stronger as it can be known to others that the rental agreement exists on the property.

Think for instance in the case of selling the property or more important bankrupcy and forced sale of the property. If registered at the land office you would be protected, if not you could possibly be evicted.

Some myths never die. The sale of the property or bankruptcy simply does not break the lease. Has nothing to do with registration.