In the course of business, operators often lease real estate, frequently constructing buildings or making substantial investments on the leased land. To ensure business continuity and recover these investments, they typically seek long-term security—lease of more than 30 years, exceeding the maximum lease term permitted under the Thai Civil and Commercial Code (“CCC”).

This article provides an overview of lease agreements under the CCC and highlights key legal considerations regarding limitations on lease term and lease renewals.