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Supreme Court decision kills ‘automatic’ 30-year lease renewals
Supreme Court decision kills ‘automatic’ 30-year lease renewals
PHUKET: The Thai Supreme Court’s recent decision over the ‘automatic’ renewal of a 30-year lease of a property in Phuket is poised to significantly impact the real estate market in Thailand.
Phuket Law: Thailand’s revised, more landlord friendly, residential lease law
Phuket Law: Thailand’s revised, more landlord friendly, residential lease law
In March of 2018, we detailed a Previous Notification under the Consumer Protection Act (1979) that went into effect on May 1, 2018 and which regulated residential structure leases, for example, leases of houses, apartments and condominium units. However, that notification raised significant questions regarding its applicability, as we also explained.
Phuket Law: Dodging trade disputes – 46 nations sign Singapore Convention
Phuket Law: Dodging trade disputes – 46 nations sign Singapore Convention
PHUKET: As many are aware, international arbitration is a popular dispute resolution device for international business disputes. This is in no small part because international arbitration awards are readily enforceable in practically every jurisdiction in the world, which is not the case if parties take their dispute to state court.
Phuket Law: Royal Decree blows work permits wide open
Phuket Law: Royal Decree blows work permits wide open
PHUKET: Last month in part one on our series on Thailand’s new foreign labour law we explained that the new law allows foreigners to work without a work permit in some limited but significant circumstances.
Phuket Law: Working without a work permit now possible
Phuket Law: Working without a work permit now possible
The general rule is that someone who is not a Thai citizen must obtain a work permit if he or she wants to work in Thailand. Recently, however, Thailand has made a few significant exceptions to this general rule, as well as, some other notable changes to the foreign work permission regimen.
Phuket Law: Opening a representative office in Thailand just got easier
Phuket Law: Opening a representative office in Thailand just got easier
A Representative Office allows the foreign investor to evaluate potential market opportunities without the need to establish a subsidiary in Thailand. Thus, it provides an interesting “vehicle” for foreign investors who may be considering entering the Thai market.
Phuket Law: Residential leases unlocked - Do the the regulations apply retroactively?
Phuket Law: Residential leases unlocked - Do the the regulations apply retroactively?
Last week, we spelled out the key conditions to come into effect on May 1 after a raft of changes were introduced in a Notification under the Consumer Protection Act (1979), which regulates residential rental contracts of structures structure (for example, houses, apartments, and condominiums).
All change in rentals: New laws provide more protection for lessees
All change in rentals: New laws provide more protection for lessees
PHUKET: On Feb 18, Thailand issued a notification under the Consumer Protection Act (1979), which regulates leases of residential structures, including houses, apartments and condominium. Pursuant to the notification any person or company that leases five of more residential structures (with some limited exceptions) is considered a residential structure “business operator”.
Phuket Law: Real Estate Rights in Thailand – Part I
Phuket Law: Real Estate Rights in Thailand – Part I
Getting to grips with the different forms of property ownership and possession in Phuket, and elsewhere in Thailand, can be a daunting task. To make sure you are not led astray with some incomplete – or just plain wrong – explanations of what rights you have under the different forms of land titles, here are the basics in Part I of our column, “Real Estate Rights in Thailand”.