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Showing 511–520 of 43991 articles for “Art. 322-2”
The auction results in the forced sale of the seized property and transfers ownership to the successful bidder. It does not confer on the latter any rights other than those belonging to the distrainee…
The auction judgement constitutes a writ of eviction against the distrainee.
The assets are sold either out of court with judicial authorisation, or by auction.In the event of an agreement between the debtor, the pursuing creditor, the creditors registered on the seized proper…
The property is sold by public auction at the judge's hearing.
Failing payment of the price or its deposit and payment of the costs, the sale is automatically cancelled. The defaulting buyer is required to pay the difference between his bid and the resale price,…
The successful bidder pays the price into an escrow account or deposits it with the Caisse des Dépôts et Consignations and pays the costs of the sale. He may not, prior to the payment or deposit and p…
Subject to any disqualifications arising from the functions they perform, any person may bid if they can provide guarantees of payment.
The payment of the price or its deposit and the payment of the costs of the sale shall, as of right, purge the property of any security interest published in respect of the debtor with effect from the…
The bill of sale is only issued to the successful bidder upon proof of payment of the taxed costs.
The auction may not give rise to a declaration of order.
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