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security, procedure and conditions of public auction
are stated in Ministerial Regulation on Setting Rules,
Measures and Conditions of Public Auction. Unless you
have the right to offset the purchased price or you are
a spouse who the court permitted to hold the right
to share value, you need to register in the LED
registration form.
If you do not win the auction, the enforcement
officer will immediately return your security on that
day after the auction is closed.
The purchaser of movable property has to pay
the full price on the purchase date. Unless the price
of movable property is more than 500,000 Baht,
you may request to postpone the payment of the
remaining price to the enforcement officer. Your
request has to specify your necessity in postponing
the residual payment.
If the property is immovable property such as
land, land with building or condominium unit, the
purchaser has to contract for bidding by using
the LED’s form. The security shall be deemed as partial
payment. The buyer has to pay the remaining money
30 Responses to Inquiries Relating
to Enforcement of Civil Case Judgment