Thailand Commercial Required Disclosures for Property Owners

Commercial leases in Thailand are not subject to the OCPB's consumer protection disclosures (Notification B.E. 2562/2568) that apply to residential rentals. Instead, they are governed by the principle of freedom of contract under the Civil and Commercial Code (CCC), specifically Book III (Hire of Property) which came into effect on 1 April 1929, and the Land and Building Tax Act B.E. 2562.

Recommended Disclosures

1. Property Condition

• Building condition report with photographs (CCC Section 546 requires delivery in a good state of repair)
• Infrastructure systems — electrical, plumbing, HVAC
• Construction permits and occupancy certificates
• Disclosure of defects (Lessor is liable under CCC Sections 549 and 472 even if unaware of the defect)

2. Use Restrictions

• Zoning limitations under city planning regulations
• Required business licenses and permits
• Environmental restrictions

3. Costs and Taxes

• Common area maintenance (CAM) charges
• Land and Building Tax Act B.E. 2562 obligations (Owners as of January 1st are liable)
• Building insurance requirements

4. Third-Party Rights

• Existing easements affecting the property
• Active leases that have not yet expired
• Mortgages or other encumbrances, including pending compulsory acquisition (CCC Section 475)

Best Practices for Landlords

1. Prepare a due diligence package — Compile all key documents
2. Attach a property condition report to the lease
3. Disclose all restrictions before signing
4. Update information when changes occur

How Landager Helps

Landager helps store commercial disclosure documents systematically, enabling landlords to prepare information quickly for new tenants.

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