The rental agreement is written on the back of the owner`s ownership authorization and on the original title of the Landesamt. There will also be an official Thai rental document with the guaruda symbol of the government (see example) that the parties must sign with the Landesamt. This official document must relate to the private lease agreement between the parties. A copy of the private lease, as well as the official lease of the Landamt, is attached to the deed of ownership of the Landesamt. The rental or rental of land, houses or condominiums by foreigners is subject to paragraphs 537 to 571 of the civil and commercial code. Foreigners are allowed by Thai law to rent real estate up to 30 years of age and the law is applied in the same way if the tenant is a foreign or Thai national. Thailand charges 12.5% of the tax on construction and property to the tune of 12.5% of the annual rent in accordance with the rental agreement or the annual value estimated by the Department of the Land, depending on whether the value is greater than the property that is not the owner`s main residence (. B for example, a second home or a property rented by the owner). In the case of a property (land and house) owned by a corporate building and property tax must be paid by the company, whether the rent is paid or the income received by the company of it.
Thanks to Ae for her help in creating and translating this Thai rental model and to Ann for her help with the first translation tasks. Rent registration fees, including stamp duty, are 1.1% higher than the total lease price for the 30-year lifespan. This should also be paid when registering the rental agreement. The income (rent) of the rental agreement is taxed as the owner`s personal income and must be paid to the financial service. A 3-year rental contract (rent) must be registered with the local Landratsamt to be enforceable (through legal action) on a trial of more than 3 years. The rental agreement should be registered within 3 years of signing and starting the lease with the Department of Thailand, or the tenant could lose his right to bring a tenancy dispute to a court. Under the Civil Code and the Code of Commerce, the maximum term of tenancy in the contract must not exceed 30 years. In the longer term, the lease is automatically reduced to 30 years (section 540). Similarly, pre-signed or pre-agreed lease renewals are not accepted under Thai law, and all successive agreed tenancy conditions are considered part of a lease agreement and are reduced to 30 years (section 546).
A lease agreement may not be renewed until after the initial term of the lease has expired, but may exceed thirty years from the date of renewal. Thank you for downgrading this document. I know you weren`t aware of the help, but I have any doubts about the rental fees that we really have to pay over the years? Years ago, we rented a piece of bald land (only for agriculture) for only 10 years and it`s now over. The lease was not considered a “legal lease” because we never registered that lease with the Landratsamt, but that is correct, we trusted the owner at the time. But now is different and we plan to make a new lease with the same lord country (fortunately he still lives ;D) and deposited a house in this country (container). This time we are looking for 30 years of leasing, I will probably use your model (if I do, I`ll send you some beers!).