Leasing Property in Thailand

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Leasehold is an alternative to the rare freehold type of ownership in Thailand. Properties such as land, house, and condos are normally leased out for 30 years with the option to extend the lease for another 30 years as applicable. The maximum lease term is 90 years. Whether it’s a short term or long term lease, the foreigner and the landlord should enter into a comprehensive lease agreement to safeguard each other’s interests in the leased property.

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