short term rental

Short term rental or vacation rental mean the lease

in which the agreement term is less than 1 year. Negotiating a

shorter lease may require paying a higher  rate.

There are many type of accommodations in Bangkok that offer

leases of less than 12 months (daily/weekly/monthly).

Price varies on length of stay , number of guests or number of

meals included.

long term lease

Long term lease is the tenancy agreement for at least 1 year or

longer.according to thai property law, a foreigner has the ability to

do long term rental, but the lease term cannot exceed 30 years

(with an option to renew for an additional 30 years) .

If not registered, the lease is valid for only three years regardless

of its stated terms. In some cases, Leases for three years with an

option to renew may  be treated as a lease for more than three

years and the renewal option may become invalid unless the lease

is registered.

Documentation and fee
  • A certified copy of the passport
  • A copy of work permit (if any)
  • Passport
  • Proof of income (pay slips, bank deposits)
  • security deposit (often equivalent to 1-2 month of rent) and at least one month rent in advance is required upon signing lease contract.
Property rental contract

A lease contract is a written agreement between the landlord

or the owner of property and tenant. The time range can vary from

one year to 30 years.

Reading and checking  carefully before signing thecontract

could prevent many rental problems.

What should be included in the rental agreement are the following:


1.Name and contact details of both parties : full name and

address should be written


2.Description and address of the property being rented or leased


3.Terms of lease.


4.Length of stay: the date the tenant starts occupying the place

and the termination date.


5.Number of all tenants.


6.Rental payment: The amount of rent payment due and the date it

is due.


7.the penalty for late payment : the amount of late fee in case a

tenant fails to pay his or her rent on time.


8.what services and equipment are included with the rent


9.Security deposit: This provides for the amount of security

deposit and specifies the conditions on which it will be returned.

 

10.Utilities bill : Who has the responsibility to pay for utilities.

 

11.Limits on occupancy : Restrictions and limitations on use of

any areas in the house or on the properties


 
12.Repair and maintenance clause : What repairs the landlord

will be responsible for and what repairs and maintenance the

tenant will be responsible for.


13. termination clause : Can a tenant terminate the lease prior to

its expiration date. 

Inventory check

To increase chances of getting your security deposit back,

photograph/video-tape/document the condition of the property

when you move in and when you move out.

Contract termination

When a contract does not express any terms for early termination,

it implies a legally binding commitment to pay rent from its

commencement date to its termination date.

The renter should not assume that he or she may vacate the

property anytime without penalty.

Contract renewal

The maximum period for a property lease under Thai property

law is 30 years and such a lease can be renewed for up to 30 years

more. However, There are court decisions which indicate that the

renewal clause is personal to the landlord, and thus may not be

binding on his heirs or assignees.

         in Thailand, the renewal clause is not automatic, the parties

must appear at the Land Department to register the renewal.