Reviewed by ThaiLawOnline, a licensed Thai law firm practising in Thailand since 2006. Thai lawyer of record: Wichuda Atthamethakon, LL.M., Thai Bar Licence 3149/2556.
Last updated on August 6, 2026
English name for the Thai kaifak contract under Sections 491–502 of the Civil and Commercial Code. Title passes to the buyer at the time of sale but the seller may reclaim the property by paying the redemption price within an agreed period, capped by law at ten years for immovable property and three for movables. Failure to redeem perfects the buyer’s ownership by operation of law.
See also: Kaifak (ขายฝาก).
See also our full guide: property guide for foreigners in Thailand.
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