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).

Related articles and entries

• lease and tenancy laws in Thailand explained
• Thailand tenancy laws (also lease, rental laws)
• lease and rental contracts