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RE: Advice on being a Landlord in Thailand - Beware 10 Year Jail Penalties!

in #property2 years ago

I'm in Thailand now and I'll explain to you how it happens for me and all my friends. There is simply no lease agreement! You rent an apartment in most cases without even seeing the owner of the apartment. Usually this is done by brokers and rent out the apartments of compatriots and they do not even have a power of attorney. But in 99.9% of cases there is no fraud - and if you pay on time, there are no problems either. This is a contrived problem.

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if you don't have a lease agreement, you are renting only short term. plus you forfeit any rights in doing so. any long term (3 months or more) must be accompanied by a valid agreement, and it's the responsibility of the landlord to provide one. Whole point is in the end if the landlord creates the proper contract, they can avoid any trouble and cancel and evict by the terms therein. Otherwise, they have to follow the common law. Extortion, obstruction, and forcing eviction are all criminal acts. Mediating and finding a resolution is always an option.