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Koh Samui is a popular island destination in Thailand that attracts a large number of tourists every year. Many visitors fall in love with the island's charm and decide to stay long-term. As a result, long-term rental agreements have become quite common on the island.
However, there are certain regulations that govern such agreements in Koh Samui. The first thing to note is that long-term rental agreements are not the same as short-term holiday rentals. The latter is subject to different regulations and requires the property owner to obtain a license from the local authorities.
Long-term rental agreements, on the other hand, are usually for a period of six months or more and do not require a license. However, they must be registered with the local land office (Amphur) within 30 days of the start of the tenancy. Failure to do so can result in fines and legal issues down the line.
Another important point to consider is that long-term rental agreements must be in writing and signed by both parties. The agreement should outline the terms of the tenancy, including the rental amount, payment schedule, duration of the tenancy, and any other conditions that have been agreed upon.
It is also worth noting that tenants are entitled to certain rights under Thai law. For example, landlords cannot increase the rent during the term of the tenancy unless there is a clause in the agreement that allows for it. Additionally, landlords must provide notice before entering the property and cannot interfere with the tenant's peaceful enjoyment of the premises.
If you are considering a long-term rental agreement in Koh Samui, it is important to work with a reputable property management company or real estate agent who can guide you through the process and ensure that all regulations are followed. Yehro Ko Samui can help connect you with local service providers who can assist with finding and managing long-term rental properties on the island.
Whether you need assistance with finding a rental property, setting up utilities, or arranging for transportation, Yehro Ko Samui is your go-to resource for all things Koh Samui. Contact us today to learn more about our services and how we can help make your stay on the island as seamless and enjoyable as possible.
