Glossary of terms used on this site

Thailand related terms (legal and practical).

Glossaries

Thai legal terms

Term	Main definition
Key money	a payment to the lessor required from a new tenant (or existing tenant who wants to renew the lease) of a commercial property in Thailand (not common in residential leases). It is not always clear what key-money means in Thailand and it could be simply part of the total rental (as an advance payment for a lower monthly rental during the term of the lease and outside the books non-taxable income for the lessor). Author - Thailand Lawyer Online
Khongman	Under Thai law property given by a man to his fiancée as evidence that the marriage shall take place. An engagement (betrothal) is not valid without such property given (section 1437).

Term

Main definition

Key money

a payment to the lessor required from a new tenant (or existing tenant who wants to renew the lease) of a commercial property in Thailand (not common in residential leases). It is not always clear what key-money means in Thailand and it could be simply part of the total rental (as an advance payment for a lower monthly rental during the term of the lease and outside the books non-taxable income for the lessor).

Author - Thailand Lawyer Online

Khongman

Under Thai law property given by a man to his fiancée as evidence that the marriage shall take place. An engagement (betrothal) is not valid without such property given (section 1437).