Leasehold

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Glossaries

Term Definition
Leasehold
contractual arrangement meaning that you have a lease with the owner to use and occupy his real property (land and/or house, condo apartment) for a fixed period of time with an up-front paid rent (in Thailand (under Thai law) tenancy agreement or rental agreement have the same meaning and are governed by the same laws).

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Author: Thailand Lawyer Online
Synonyms: lease agreement