Section 708
Statutory text (Thai original)
สัญญาจำนองนั้นต้องมีจำนวนเงินระบุไว้เป็นเรือนเงินไทยเป็นจำนวนแน่ตรงตัว หรือจำนวนขั้นสูงสุดที่ได้เอาทรัพย์สินจำนองนั้นตราไว้เป็นประกัน
Verbatim from the Royal Gazette / Office of the Council of State
English translation
A contract of mortgage must contain, in Thai currency, either the sum certain or a maximum amount for which the mortgaged property is assigned as security. feedback (/form/1-samuiforsale-contact-form.html?tmpl=component) /
This English translation is provided for reference only and has not yet been firm-verified — always rely on the Thai original.
Firm annotation
Section 708 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.