Leaver Posted August 6, 2020 Share Posted August 6, 2020 6 minutes ago, hotchilli said: So both bars are OWNED by Thais... which was my point... NOT westerners. You misread. Businesses owned by westerners, property owned by Thai's. Hence the words, "Thai landlord." Link to comment Share on other sites More sharing options...
hotchilli Posted August 6, 2020 Share Posted August 6, 2020 10 minutes ago, Leaver said: You misread. Businesses owned by westerners, property owned by Thai's. Hence the words, "Thai landlord." A landlord is the owner.. the person who rents the business is the tenant, the person who runs the business is a manager. Link to comment Share on other sites More sharing options...
Leaver Posted August 6, 2020 Share Posted August 6, 2020 10 minutes ago, hotchilli said: A landlord is the owner.. the person who rents the business is the tenant, the person who runs the business is a manager. Not entirely correct. A westerner could rent a property and turn it into a sports bar, a massage shop, a restaurant etc. Yes, he is the tenant, but he "owns" the business, not the Thai landlord. The Thai landlord owns the property, that is, the land, and the bricks and mortar, but that doesn't mean he owns the TV's inside, the furniture, and whatever else the western business own installed. The business owner owns them, because he bought and paid for them, and when he leaves, they can go with him, unless he sells "the business" to someone else and leaves them in place. Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now