Owning, renting, leasing land

Chachoengsao, Chanthaburi, Chon Buri, Prachin, Pattaya, Rayong, Sa Kaeo, Trat

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Postby robint » Sun Aug 28, 2005 6:52 pm

hi yall


the limey wrote:
3plus 3 year leases are not worth the paper they are written on,

the limey is quite right here btw

this kind of lease is a very common type of business lease and a well kept secret to fleece the flangs

A lease of 3 years or less need not be registered on the land title (Chenote) at the local land office and therefore has no civil backing other than it is an agreement between one party and another. It also means that no government tax is payable either. This means that

a) the party need not be the registered land owner (and maybe not even the building owner who may not be the same as the land owner)

b) if said party dies, so does your agreement

c) if either of the real owners throws out the lessor for what even reason (eg non payment of a rent you dont know about), then you too can also be evicted without compensation except form the lessor iof you can find him

d|) adding the extra 3 years is BS also

but having said that, you will probably discover that most shophouses are let on this basis

A proper lease can be made for up to 30 years and it is registered at the local land office, tax is paid and its 100% legal for a flang eos

why isnt this suggested in pattaya by the parasitic bottom feeders, well if you need to ask that question, you dont need my answer

INVESTMENT = DIVESTMENT of you and your funds

keep spending :D
robint
 
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Postby Attila » Sun Aug 28, 2005 9:18 pm

robint wrote:The simple way which everyone seems to ignore is the 30+30+30 year lease, you should live so long. Its 100% legal


robint wrote:hi yall


the limey wrote:
3plus 3 year leases are not worth the paper they are written on,

the limey is quite right here btw

this kind of lease is a very common type of business lease and a well kept secret to fleece the flangs

A lease of 3 years or less need not be registered on the land title (Chenote) at the local land office and therefore has no civil backing other than it is an agreement between one party and another. It also means that no government tax is payable either. This means that

a) the party need not be the registered land owner (and maybe not even the building owner who may not be the same as the land owner)

b) if said party dies, so does your agreement

c) if either of the real owners throws out the lessor for what even reason (eg non payment of a rent you dont know about), then you too can also be evicted without compensation except form the lessor iof you can find him

d|) adding the extra 3 years is BS also

but having said that, you will probably discover that most shophouses are let on this basis

A proper lease can be made for up to 30 years and it is registered at the local land office, tax is paid and its 100% legal for a flang eos

why isnt this suggested in pattaya by the parasitic bottom feeders, well if you need to ask that question, you dont need my answer

INVESTMENT = DIVESTMENT of you and your funds

keep spending :D


Oh Robin, life seems to be quite boring on your farm, but whatever you are smoking there, you might want to get off of it :wink:

First you tell us that "30+30+30 year lease [is] 100% legal", and now you tell us that "adding the extra 3 years is BS also", and "A proper lease can be made for up to 30 years", and so on.

Make up your mind, what do you want to say?

robint wrote:A proper lease can be made for up to 30 years and it is registered at the local land office, tax is paid and its 100% legal for a flang eos

why isnt this suggested in pattaya by the parasitic bottom feeders, well if you need to ask that question, you dont need my answer


... may be because most people plan on controlling the land they buy / lease for a little longer that than 30 years?
Attila
 
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Postby the limey » Sun Aug 28, 2005 9:39 pm

Na the 3 plus 3 years is only enforcible if you can prove major improvements in the building, 30 plus 30 i really don't believe is enforcible, but I don't know anybody that old yet.
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Postby robint » Mon Aug 29, 2005 5:10 pm

Attila wrote:
robint wrote:
A lease of 3 years or less need not be registered on the land title (Chenote) at the local land office and therefore has no civil backing other than it is an agreement between one party and another. It also means that no government tax is payable either. This means that

a) the party need not be the registered land owner (and maybe not even the building owner who may not be the same as the land owner)

b) if said party dies, so does your agreement

c) if either of the real owners throws out the lessor for what even reason (eg non payment of a rent you dont know about), then you too can also be evicted without compensation except form the lessor iof you can find him

d|) adding the extra 3 years is BS also

but having said that, you will probably discover that most shophouses are let on this basis

A proper lease can be made for up to 30 years and it is registered at the local land office, tax is paid and its 100% legal for a flang eos


Make up your mind, what do you want to say?



Now Hun, you really must pay attention, or you will have to go to the back of the class

I said very clearly that the 3 years lease is very shaky because it is NOT registered on the title deed with the land office. Its a typical con trick very prevalent in Pattaya, the fool's paradise.

Don't listen to the BSBS :D
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