Kindly see attached Template Freehold Contract for Grand Himalai.
- For rental program and condition of BWI I will make memo separately because it should be better not to declare rental program at Land Office and let government see real amount of rental income which will lead to more taxes.
- I have discussed with my seniors regarding your request not to put clause for Agreement Termination. The problem is if they took it to the court, it will be within Unfair Contract Terms Act, B.E. 2540. At the end, they will have right to terminate, and can ask for maximum interest rate plus damage (15%++). So in my opinion, it is better to make them agree now which case they can terminate and how much exactly they agree with interest.
- For leasehold contract, it will be similar this one but different condition for term and taxes
Looking forward to your comments.