FOR LEASEHOLD EXTENSION SUBMITTED TO THE GOVERNMENT

FOR LEASEHOLD EXTENSION SUBMITTED TO THE GOVERNMENT

On 10 March, 2010, Dr. Patima Jeerapaet, Chairperson of the Joint Foreign Chamber of Commerce's Property Committee and Managing Director of Colliers International Thailand submitted the final white paper for the proposal of Leasehold Extension to Khun Kiat Sittheeamorn, President of the Thai Trade Representative who seems to have been pleased with the proposal.

The purpose of the proposal is to stimulate a 60-year lease scheme, by ruling that the registration of two consecutive 30-year lease agreements be enforceable under the law at the Land Department. For further information of the submission, please click on link below.

Proposal for Leasehold Extension
Appendix 1 Property law comparative table
Appendix 2