Glossary
Terms used in Bidtify and in Legal Execution Department auction notices, with the Thai term used in the Thai version of the app.
Auctions and offices
Section titled “Auctions and offices”Legal Execution Department, LED (กรมบังคับคดี) The Ministry of Justice department that auctions the property of judgment debtors. All case data in Bidtify comes from its notices.
Auction (ขายทอดตลาด) A sale where buyers bid against each other and the highest bid wins.
Selling agency / Legal Execution office (หน่วยงานที่ขาย / สำนักงานบังคับคดี) The office that announces and runs the sale of a case.
Auction round, sale date (นัดขาย / รอบขาย) A date set for the auction. A case usually has several rounds; if one fails to sell, the case goes to the next.
Lot, set, sale order (ล็อต / ชุด / ลำดับการขาย) Numbers that identify a case in the sale notice and on the auction day.
Case number (หมายเลขคดี) The number of the court case under which the property is being sold.
Prices and money
Section titled “Prices and money”Appraised price (ราคาประเมิน) The Legal Execution Department’s valuation, used as the basis for the sale. It is not an actual sale price; Bidtify’s data contains no actual sale prices. Some screens call it “Estimated price” or simply “Price”.
Bid deposit (เงินวางประกัน) The security a bidder must lodge before bidding. It is not an opening price.
Price per square wa, ฿/sq.wa (ราคาต่อตารางวา) The appraised price divided by the land area in square wa. Use it to compare value across plots of different sizes.
Median (มัธยฐาน) The middle value when figures are sorted. Unlike an average, extreme values don’t pull it. P25 and P75 are the values below which 25% and 75% of the figures fall.
Outcomes
Section titled “Outcomes”No bidder / unsold / failed to sell (ไม่มีผู้สู้ราคา / หลุดนัดขาย / ขายไม่ออก) An auction round cancelled because nobody bid. The case goes to the next round. Bidtify uses these terms interchangeably.
No-bidder rate (อัตราหลุดนัดขาย) The share of auction rounds with no bidder, out of rounds whose date has passed and whose outcome is known.
Sold (ขายแล้ว) A case that has been sold at auction.
Burdens on the property
Section titled “Burdens on the property”Mortgage carried over (จำนองติดไป) The buyer takes on the existing mortgage. Check the outstanding mortgage before bidding.
No mortgage (ปลอดจำนอง) Sold free of any mortgage.
Sold with / Sale terms (จะทำการขายโดย) The field in the notice that states whether a burden stays with the property.
Land size and property types
Section titled “Land size and property types”Square wa, sq.wa (ตารางวา, ตร.วา) The Thai unit of land area. 1 square wa = 4 square metres.
Rai-ngan-wa (ไร่-งาน-วา) How land size is written on a title deed. 1 rai = 4 ngan = 400 square wa, and 1 ngan = 100 square wa.
Title deed, deed number (โฉนด / โฉนดเลขที่) The land title document and its number, checked with the Land Department.
Property type (ประเภททรัพย์) For example land with buildings (ที่ดินพร้อมสิ่งปลูกสร้าง), condominium unit (ห้องชุด) or vacant land (ที่ดินว่างเปล่า).
District, sub-district (เขต/อำเภอ, แขวง/ตำบล) Bangkok uses khet and khwaeng; other provinces use amphoe and tambon.
Bidtify features
Section titled “Bidtify features”Alert area (พื้นที่แจ้งเตือน) A shape drawn on the map to be alerted about new cases inside it. See Draw alert areas.
Same-night alert (แจ้งเตือนทันที) Pro and Expert users are alerted the night the system finds a new case. It is not real-time. See How alerts work.
Daily summary (สรุปรายวัน) Free users get a summary of new cases in the app the next morning.