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90 years lease void in Phuket

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90 years lease void in Phuket

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The Court of Appeal in Phuket has voided a structure with a 90 years lease. That is not very a surprised. The Civil Code allows a 30 years lease maximum with a renewal. The structure they made had a holding company has shareholders were also leaseholders, to help to renew the lease….

For more information about leases, read Lease agreement in Thailand on Thailawonline.com

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