Book 3 — Specific Contracts

Section 515

Statutory text (Thai original)

ผู้สู้ราคาสูงสุดต้องใช้ราคาเป็นเงินสด เมื่อการซื้อขายบริบูรณ์หรือตามเวลาที่กำหนดไว้ในคำโฆษณาบอกขาย

Verbatim from the Royal Gazette / Office of the Council of State

English translation

Bidder who offers the highest bidding price must pay in cash when the auction is complete or the deadline specified in the bidding advertising.

This English translation is provided for reference only and has not yet been firm-verified — always rely on the Thai original.

Firm annotation

Section 515 is part of Book 3 (Specific Contracts) of the Thai Civil and Commercial Code. This entry is awaiting firm-authored commentary; the statutory text above is verbatim from the Office of the Council of State (OCS Krisdika) Thai source, with the English translation from the FAO/UN FAOLEX repository. Always rely on the Thai original for legal proceedings.

This is educational reference, not legal advice. Consult a qualified Thai lawyer before relying on any provision.

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