SIAMBRIDGE INTERNATIONAL
Practical Notes
Practical questions about investing, building and operating in Thailand.
3 results for your search
01Regulatory, Permits & Factory Operations
Can an accommodation business rely on a monthly-rental exemption while selling short stays?
Not if the actual business is short-stay accommodation. Section 4 of the Hotel Act excludes from the definition of “hotel” premises established to provide residential…
02Real Estate, Construction & Industrial Projects
Does a lease renewal right protect the tenant if the future rent still has to be agreed?
Not necessarily. A clause saying the tenant “may renew,” has a “right to renew,” or receives first priority can sound stronger than it really is if the parties still have to…
03Real Estate, Construction & Industrial Projects
Is turnover rent added to base rent, or does it only top up a minimum guarantee?
A revenue-share lease should say this mathematically, not leave the answer to labels such as “minimum rent,” “base rent” or “turnover rent.” Two common structures produce very…
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