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".
TITLE I. Sale.
Chapter I. Nature and essentials of the contract of Sale.
Part I. General Provisions.
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》
