Thai Law: What Landlords Must Now Do

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On May 1, residential leases will become restricted contracts under the newly amended Consumer Protection Act.

That means any leases that conflict with the new law, which likely is most leases, must be amended and remade to comply. Landlords who ignore the new legal requirements and take no action to deliver a new compliant lease to the tenant are criminally liable for a year in jail and fine of 100,000 baht per lease violation.

 

Full Story:

http://www.khaosodenglish.com/news/2018/03/13/thai-law-what-landlords-must-quickly-do-or-go-to-jail/

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