THIS LAND LEASE AGREEMENT is made on this ___day of___, 20__.

BY AND BETWEEN

1. Mr. /Mrs./Ms. ………………………………………., Thai national, holding ID card number ………….., ……….. years of age, currently residing at ………………….....................................…… ………… …… ………, hereinafter referred to as the "Lessor" of the one part, certified copies of Lessor's ID card and house book are attached hereto as Attachment 1.

AND

Mr./Mrs./Ms. ………………………………………, ………………………… national, holding passport number …… ………………, ……… years of age, currently residing at ……………… ………………………………, hereinafter referred to as the "Lessee" of the another part, certified copies of Lessee's passport is attached hereto as Attachment 2.

Click to download complete (th-en) document

WHEREAS

(a) The Lessor is the owner of a plot of land as identified by land title deed no............., Book............, Page............, Land no.............,............ Sub-district............ District,............ Province, in the area of ............ Rai and............ Square Wah., hereinafter referred to as "the Land" as described in the photocopies of the land title documents attached hereto as Attachment 3 and deemed as a part hereof.

(b) The Lessor wishes to lease the Land to the Lessee and the Lessee wishes to lease the land from the Lessor for a term of ___(enter number of years, but not exceeding 30 years) ____ years (hereinafter referred to as the "Lease Term").

NOW THEREFORE, the Parties hereby agree as follows:

1. PURPOSE OF LEASE

The Lessee shall use and have the benefit of the Land for residential, commercial and /or any other lawful purpose. The Lessor agrees that there shall be built a residential housing or commercial building complex on the Land.

2. RENT AND PAYMENT

The rental for the entire Lease Term of this agreement is baht …………………………… (… …………………………baht), or baht …………………………… a month. (the "Rent"). The Lessor hereby confirms receipt of the rental for the entire Lease Term of _____ Baht (__ Hundred _ Thousand baht) paid by the Lessee on the signing date of this Land Lease Agreement.

3. LEASE TERM

The term of this lease shall be a period of ___(enter number of years, but not exceeding 30 years) ____ years or the maximum period as permitted by law commencing from the date that the Parties have completed the registration of this part of this Land Lease Agreement at the relevant Land Office (the "Commencement Date").

4. LEASE REGISTRATION

4.1 The Parties shall mutually arrange and complete the registration of the Lease at the relevant land office within 30 (thirty) days of the signing date of this Agreement.

4,2 All taxes duties and fees including but not limited to any and all expenses incurred inrelation to the registration of this lease agreement and any renewal thereof shall be borne solely by the Lessee. The Lessor shall be responsible for personal income tax resulting from rental income.

5. THE LESSEE'S COVENANTS

Click to download complete (th-en) document

This land lease agreement has a total of 17 clauses.................................

This Addendum is made on this ___day of___, 20__.

BY AND BETWEEN

1. Mr. /Mrs./Ms. _____ _____, ___ years of age, a Thai national, carrying ID card No. _______, residing at __, ______ Sub-district, _____ District, ____________ Province, Thailand (the “Lessor”), and;

2. Mr./Mrs./Ms. _____ _____, _ years of age, an ___ national holding a ____ passport with No. ______, currently residing at ______________ (the “Lessee”).

Click to download complete (th-en) document

WHEREAS

(a) The Lessor and the Lessee have entered into Land Lease Agreement, dated as of the __ day of ___, 20__ (the “Lease Agreement”).

(b) The Lessor and the Lessee have agreed the right of the Lessee to transfer the leased land to a freehold title upon full payment of rent under clause 2 and full payment of the rent for renewal term under clause 3.2 of the Lease Agreement.

Except as otherwise defined herein and except where the context requires otherwise, all words and expressions used herein shall have the same respective meanings with those defined in the Lease Agreement.

As a special condition to the lease agreement:

1. Upon full payment of the Rent under clause 2 and early payment of the full Rent under clause 3.3 for the renewal term under clause 3.2 of the Lease Agreement the Lessee shall have the right to upgrade the leasehold title to the Land to a freehold title without any further payments by giving written notice to the Lessor.

The Lessee hereby exercises his right to renew the Lease Agreement under clause 3.2 of the Lease Agreement and shall pay to the Lessor before the Registration Date of the Lease Agreement ____ Baht (____ ____ Hundred ____ ______ Thousand baht), the full Rent under clause 3.3 of the Lease Agreement for the 30 year renewal term.

3. The Lessor hereby confirms receipt of _____ Baht (____ ______ Hundred ____ ______ Thousand baht) paid by the Lessee on the signing date of this addendum to the Lease Agreement and acknowledge the freehold rights of the Lessee to the leased Land. Subject to serving a written notice, at any time prior to the expiration of the lease term under clause 3.1 of the Lease Agreement, the Lessor agrees and warrants to unconditionally co-operate and render any and all necessary assistance to enable transfer of ownership of the Land to a Thai natural or juristic person of the Lessee’s choice or alternatively to the Lessee’s name should this become permissible under Thai law.

4. On the Registration Date of the Lease Agreement the owner (Lessor) shall provide the original owner’s land title deed to the Lessee and the Lessee shall keep the land title deed in pledge.

Click to download complete (th-en) document

This addendum has a total of 11 clauses.................................