The purpose of the Act is to enact an act to support a long-term hire of immovable property. The Act prescribes the rights under a contract of hire as real right in the interest of the transfer of the rights of hire, devolution of an estate, and subletting which shall enhance the hire of immovable property for use in the commercial or industrial business in the long term.A lease of a land which has an area exceeding 100 rai shall require the approval of the Director-General in accordance with the rules, procedures and conditions prescribed in the Ministerial Regulations.
Search resultsShowing items 1 through 9 of 2.
Library ResourceLegislationThailand, Asia, South-Eastern Asia
Library ResourceJune, 2012Thailand
In the 1980s the Thai government tried to legalize squatters by issuing special titles that restricted the sale and rental of the land. Using data from 2,874 farming households collected in 1997, the author finds that in places where these government titles where issued, leased plots are more likely to be titled than those that are self-cultivated. For these areas, he uses a model to estimate a 6 percent risk premium in the rental rate for untitled plots.
Land Library Search
Through our robust search engine, you can search for any item of the over 60,000 highly curated resources in the Land Library.
If you would like to find an overview of what is possible, feel free to peruse the Search Guide.