1924th Book3 Title01 Chapter01 Part03

From Thai Codification Codes of 1925

BOOK III ON SPECIFIC CONTRACTS. (April 1924)

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Section 461.
  • [I] A promise of sale takes place when one party agrees is an offer to sell or to buy a property to or from another party a person who will may at his discretion either complete or not complete the sale at his discretion.
  • [II] The person who makes the promise is called the promiser and the person to whom the promise is made is called the promisee.

- Collaboration of Dr.James, 1st Instalment, August 1923, P.41/65

- Thai translation: P.86/11

《Genealogies》

  1. Draft of 1919: Ob.396
  2. Code of January 1925: -
  3. Code of January 1929: -
Section 462.
  • If the other party promisee notifies gives notice of 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 promiser.

- Collaboration of Dr.James, 1st Instalment, August 1923, P.41/66

- Thai translation: P.86/12

《Genealogies》

  1. Draft of 1919: Ob.397
  2. Code of January 1925: -
  3. Code of January 1929: -
Section 463.
  • [I] If no time is has been fixed in the promise for the such notification, the party promiser who made the promise can may fix a reasonable time and call upon the other party require the promisee to answer within that time whether he will complete the sale or not.
  • [II] If the promisee he does not answer within that time, the other party promiser is no longer bound released from his promise.

- Collaboration of Dr.James, 1st Instalment, August 1923, P.41/66

- Thai translation: P.86/12

《Genealogies》

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