1919th Book1 Division07 Title01 Chapter01 Part03

From Thai Codification Codes of 1925
Revision as of 13:37, 22 September 2025 by Codesuser (talk | contribs) (BOOK ON OBLIGATIONS.)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)

BOOK ON OBLIGATIONS.

← Previous Page | Next Page →

DIVISION VII. SPECIFIC CONTRACTS.

TITLE I. Sale.

Chapter I. Nature and Essentials of the Contract of Sale.
Part III. Promise of Sale.
Section 396.
  • 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.

《Genealogies》

  1. Draft of April 1924: 461
  2. Code of January 1925: -
Section 397.
  • 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 April 1924: 462
  2. Code of January 1925: -
Section 398.
  • [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 April 1924: 463
  2. Code of January 1925: -