Page 31 - Demo

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%u2019s form. The security shall be deemed as partial payment. The buyer has to pay the remaining money Responses to Inquiries Relating 30to Enforcement of Civil Case Judgment