No. The first registered term and future renewal promises are legally different. A contract may contain renewal obligations, but a future renewal is not the same as a present registered right for 90 years. Enforcement can be affected by ownership changes, drafting and Thai law. Ask an independent lawyer to explain exactly what is registered on the title now, what is merely contractual and what happens if the lessor dies or sells. This is general educational information, not legal, tax or financial advice. Property structures, taxes, licences and registration practice can change or depend on the facts. Use an independent Thai lawyer and, where relevant, a qualified accountant before committing money or signing documents.
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