Section Code: 0518 - 0520

Thai Civil and Commercial Code

SPECIFIC CONTRACTS
TITLE II
EXCHANGE

Section 518. Exchange

Exchange is the contract that both parties transfer the right of ownership to each other.

Section 519. Selling and Buying

In any provisions of the laws relating to the selling and buying, the exchange is also included in such provision by implying that both parties are seller and buyer for such transfer of such properties.

Section 520. Additional Cash Payments During Exchange

If any exchanging party accepts to add money with the exchange of property to another, the selling price shall include such additional cash payment too.