French Civil CodeIn force
Section 1: Redemption option.
Article 1662
If the seller fails to exercise his action for redemption within the prescribed period, the purchaser remains the irrevocable owner.
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Showing 731–740 of 57392 articles for “Art. L. 145-16-2”
If the seller fails to exercise his action for redemption within the prescribed period, the purchaser remains the irrevocable owner.
If several persons have sold jointly, and by a single contract, an inheritance common to them, each may exercise the action for redemption only in respect of the share which he had in it.
In the conveyance of a right or action against a third party, delivery takes place between the assignor and the assignee by delivery of the title..
The assignee is seized as against third parties only by service of the conveyance made on the debtor. Nevertheless, the assignee may also be seized by acceptance of the conveyance made by the debtor i…
If he had already benefited from the fruits of any funds, or received the amount of any claim belonging to that estate, or sold any effects of the estate, he is bound to repay them to the purchaser, i…
If the seller had sold someone else's land in bad faith, he will be obliged to reimburse the purchaser for any expenses, even voluptuary or pleasure expenses, that the purchaser has incurred on the la…
If the buyer fails to pay the price, the seller may request that the sale be rescinded.
…pso jure and without summons, in favour of the seller, after expiry of the term agreed for withdrawal.
The repurchase option is a pact by which the seller reserves the right to take back the thing sold, in return for the return of the principal price and the reimbursement referred to in article 1673.
The purchaser with a pact of redemption exercises all the rights of his seller; he may prescribe both against the true master and against those who claim rights or mortgages on the thing sold.
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