Many people invest in real estate—such as condominiums, houses, or land—for rental income and long-term returns. However, this type of investment can come with certain risks, especially when tenants fail to make rental payments on time or stop paying rent altogether. Fortunately, Thai law gives landlords the right to terminate rental contracts under such circumstances.
Your Legal Rights as a Landlord in Thailand
If you purchase a condominium, house, or land for rental purposes, it’s important to understand your legal rights when a tenant defaults on rent. Here's what you need to know:
1. Lease Contracts Exceeding One Month
For rental agreements longer than one month (such as annual condo or house leases), if no other special conditions are stated in the contract, landlords must first notify the tenant to make the overdue payment within no less than 15 days. If the tenant still does not pay, the landlord then has the legal right to terminate the contract.
Key Rights of the Landlord
1.1 Right to Issue Payment Notice
You may issue a written notice or electronic communication informing the tenant of the outstanding rent and requesting payment within the specified time frame.
1.2 Right to Legal Action
If the tenant still fails to pay, you can pursue legal action in court to recover unpaid rent and applicable penalties.
1.3 Right to Seize Property
In certain cases, landlords may have the legal right to seize the tenant's possessions as compensation for unpaid rent.
It’s essential for landlords to understand and exercise these rights under Thai tenancy laws to avoid unnecessary legal complications and protect their investments.
Be Informed Before Renting Out Your Condo or House
Before renting out your property, make sure you're aware of your rights and responsibilities as a landlord. This knowledge will help you handle issues—such as late payments or non-payment—effectively and within legal boundaries.
Looking to Invest in a Condo or Find a Place to Live?
Whether you're looking to invest in a condo or find a place to live in Bangkok, especially in the Sukhumvit area, our team at Serve Service Solution is here to help. We offer one-stop services—from room viewing to free investment consultation—for condominiums and residential properties in prime locations across central Bangkok.
Contact us today:
📞 02-252-9955, 087-696-8665
📱 Line ID: @ServePM
📲 WeChat ID: Servepm
📞 WhatsApp: 087-696-8665
References:
- Ajarn Pae – SmartLaw
- https://busit.rmutto.ac.th/wp-content/uploads/2022/03/BusinessLAW 06.pdf