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In a recently published case (4655/2566) which was decided in 2023, the Supreme Court of Thailand examined a renewal clause in a long term lease contract and its compatibility with Section 540 of the Civil and Commercial Code of Thailand, which prohibits lease terms that exceed 30 years. The decision in this case was that the renewal provisions are void.
In a recently published case (4655/2566) which was decided in 2023, the Supreme Court of Thailand examined a renewal clause in a long term lease contract and its compatibility with Section 540 of the Civil and Commercial Code of Thailand, which prohibits lease terms that exceed 30 years. The decision in this case was that the renewal provisions are void.
As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work.
