Thailand Commercial Required Disclosures for Property Owners
Guide to disclosure obligations for commercial property landlords in Thailand covering property condition, restrictions, costs, and due diligence requirements.
Pravno obaveštenje
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Commercial leases in Thailand are not subject to the OCPB's consumer protection disclosures that apply to residential rentals. However, landlords have disclosure duties under the principle of good faith and the CCC.
Recommended Disclosures
1. Property Condition
- Building condition report with photographs
- Infrastructure systems — electrical, plumbing, HVAC
- Construction permits and occupancy certificates
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 obligations
- Building insurance requirements
4. Third-Party Rights
- Existing easements affecting the property
- Active leases that have not yet expired
- Mortgages or other encumbrances
Best Practices for Landlords
- Prepare a due diligence package — Compile all key documents
- Attach a property condition report to the lease
- Disclose all restrictions before signing
- 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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