1924th Book3 Title01 Chapter01 Part03

From Thai Codification Codes of 1925

BOOK III ON SPECIFIC CONTRACTS. (April 1924)

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TITLE I. Sale.

Chapter I. Nature and essentials of the contract of Sale.

Part III. Promise of Sale.
Section 461.
  • [I] A promise of sale is a contract whereby one party agrees to sell or to buy a property, and the other party agrees that he will at his discretion either complete or not complete the sale.
  • [II] [บุคคลฝ่ายที่ได้ทำคำมั่นให้นั้น ชื่อว่าเปนผู้ให้คำมั่น และคำมั่นนั้นทำให้แก่ผู้ใด ผู้นั้นชื่อว่าเปนผู้รับคำมั่น]

《Genealogies》

  1. Draft of 1919: Ob.396
  2. Code of January 1925: -
  3. Code of January 1929: -
Section 462.
  • If the other party notifies his intention to complete the sale, the promise of sale has the effect of a contract of sale as soon as the notification reaches the first party.

《Genealogies》

  1. Draft of 1919: Ob.397
  2. Code of January 1925: -
  3. Code of January 1929: -
Section 463.
  • [I] If no time is fixed for the notification, the party who made the promise can fix a reasonable time and call upon the other party to answer within that time whether he will complete the sale or not.
  • [II] If he does not answer within that time, the contract is extinguished.

《Genealogies》

  1. Draft of 1919: Ob.398
  2. Code of January 1925: -
  3. Code of January 1929: -