What is the normal deposit required by Thai landowners and is it refundable ?
A. The security deposit would be refundable in full at the end of the term or at the end of thirty (30) days thereafter. It is held by the landlord as security against default or damage incurred by the tenant and / or to be used to defer any costs incurred by the tenant that might materialise after the tenant has vacated or returned to his own country. An example would be the telephone. Landlords are very nervous about being left with large telephone bills, invoiced in their name, containing many unpaid international calls.
