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What are the benefits of a long term lease?

April 26, 2017Benefits lease term

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What are the benefits of a long term lease?

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aIf a long term lease contains an option to buy (or transfer) the land, the lessee may buy or transfer the land anytime during the lease term if the then current laws of Thailand so permit. Registration of a lease agreement with the local Land Office is also less expensive than registering a change of ownership of the land. In addition, there is no need for annual legal and accounting fees under a lease agreement.