French Civil CodeIn force
Subsection 1: Preferential and resale rights
Article 2450
…is in competition with other mortgage creditors, he is paid in the rank assigned to him by articles 2418 to 2420.
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Showing 1831–1840 of 68985 articles for “Art. 426 al. 1 and al. 2”
…is in competition with other mortgage creditors, he is paid in the rank assigned to him by articles 2418 to 2420.
…seizure of the mortgaged property, has a recourse in warranty under the conditions of ordinary law and a subrogatory recourse against the principal debtor.
After the sale, the third-party purchaser regains the real rights, in particular easements, that he had over the building before he acquired it.
In the cases provided for in the two preceding articles, the property must be valued by an expert appointed amicably or judicially. If its value exceeds the amount of the secured debt, the creditor ow…
Once summoned to pay, and without prejudice to the benefit of discussion provided for in the preceding article, the third-party purchaser may: -either pay, -or purge the property in accordance with th…
It may be agreed in the mortgage agreement that the creditor will become the owner of the mortgaged property. However, this clause has no effect on an immovable that is the debtor's principal residenc…
If the property is sold, the mortgage follows it into the hands of the third party purchaser. The third-party purchaser is thus obliged, within the limit of the registrations, for the entire secured d…
The mortgagee may also apply to the court for the property, if it is not the principal residence of the grantor, to remain in payment to him.
…e procedure set out in sub-section 3 of the aforementioned section 4 shall be followed. Article R. 322-59 of the same code. The auction judgement is notified by the pursuing party to the debtor, the r…
The seat and jurisdiction of the judicial courts or local chambers competent to receive and register declarations of French nationality shall be determined by decree.
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