Consequences of breaking a 1yr lease
As a soon to be retired expat in Bangkok on a 90 day non o visa obtained while still in the us, once I land I will be in a race to find a long term apartment/condo lease so I can open a thai bank account in enough time to allow the funds seasoning period required (60 days) to renew the visa in 90 days. My question is what happens if I sign a 1 yr lease quickly, and later find out the apartment is horrible? When I break the lease what are the consequences? I understand I would loose all security deposits but what about the rest of the lease term? Is it like in the us where the landlord could prevail in court and be awarded payments from me for the rest of the lease term?