1924th Book3 Title01 Chapter01 Part01
From Thai Codification Codes of 1925
BOOK III ON SPECIFIC CONTRACTS. (April 1924)
- Reconstructed from the Documents in Vols. 86, 87, 88, and 89 of “The Archives of the History of Thai Codification”.
- For the details, please, refer to the "Introductory Notes" to the "Reconstructed Book III on Specific Contracts".
Section 453.
- Sale is a contract whereby a person, called the seller, agrees to transfer to another person, called the buyer, the ownership of property, and the buyer agrees to pay to the seller a price for it.Sale is a contract whereby a person, called the seller, agrees to transfer to another person, called the buyer, the ownership of property, and the buyer agrees to pay to the seller a price for it.
《Genealogies》
Section 454.
- The property sold may be:
- (1) A specific property, or
- (2) A divided or undivided part of a specific property, or
- (3) A property in genere, or
- (4) A right.
《Genealogies》
Section 455.
- The time of the completion of the contract of sale is referred hereafter as the time of the sale.
《Genealogies》
Section 456.
- [I] A sale of immovable property is void unless made in accordance with the laws and regulations relating thereto.
- [II] The same rule applies to ships or vessels having displacement of and over six tons, steam-launches or motor boats having displacement of and over five tons, floating-houses and beasts of burden.
《Genealogies》
Section 457.
- Costs of a contract of sale must be borne by both parties equally.
《Genealogies》
