Thailand Legal News & Insights

An agency contract in Thailand is a contract under which one person, the agent, has authority to act for another person, the principal, and agrees to do so. Sections 797

Seller liability for eviction in Thailand is the rule that makes a seller answer when a third party disturbs the buyer’s possession of the property sold. Under Section 475 of

Seller liability for defects in Thailand is the rule that makes a seller answer for a defect in the property sold. Under Section 472 of the Civil and Commercial Code,

Novation in Thailand is a contract that changes an essential element of an obligation. Under Section 349 of the Civil and Commercial Code, the original obligation then ends by novation,

Joint and several liability in Thailand means that each of several debtors must perform the whole obligation, and the creditor may demand it from any one of them. Sections 290

Set-off in Thailand lets two people who owe each other debts of the same kind cancel those debts against each other, up to the matching amount. Sections 341 to 348

An assignment of claims in Thailand transfers a creditor’s right against a debtor to a new creditor. Sections 303 to 309 of the Civil and Commercial Code set which claims

A pledge in Thailand is a contract under Section 747 of the Civil and Commercial Code. The pledgor delivers a movable asset to the pledgee to secure the payment of

A mortgage in Thailand is a contract in which an owner pledges property to a creditor as security for a debt, without delivering the property to that creditor (Civil and

Thailand is well-known for being a popular destination for Japanese companies and individual investors to expand their market overseas. By 2022, Thailand is ranked 3rd place in the total number