Article 2289
When the law subordinates the exercise of a right to the provision of security, it is said to be legal. Where the law confers on the judge the power to make the satisfaction of a claim subject to the…
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Showing 7561–7570 of 64765 articles for “Art. Arrêté of 2 April 2012”
When the law subordinates the exercise of a right to the provision of security, it is said to be legal. Where the law confers on the judge the power to make the satisfaction of a claim subject to the…
A person may act as surety for the creditor on behalf of the person who guaranteed the principal debtor.
The property of the debtor is the common pledge of his creditors; and the price is distributed among them by contribution, unless there are legitimate causes of preference among the creditors.
Guarantees may be simple or joint and several. Joint and several liability may be stipulated between the guarantor and the principal debtor, between the guarantors, or between them all.
…the contract by which a guarantor undertakes to the creditor to pay the debtor's debt in the event of the latter's default. It can be taken out at the request of the principal debtor or without any r…
In the absence of full payment on the due date, the creditor may request the return of the property in order to recover the right to dispose of it. The value of the property taken back is set off, by…
Real estate liens are granted by law. They are general. They are exempt from the formality of registration. The legal provisions governing them are to be interpreted strictly. They give the right to b…
…e always granted for the capital up to a specified amount, which the notarial deed mentions on pain of nullity. Where applicable, the parties shall assess any indeterminate, contingent or conditional…
In the event of alienation or loss of the property, ownership is carried over to the debtor's claim against the sub-purchaser or to the insurance indemnity subrogated to the property.The sub-purchaser…
The mortgage is indivisible, notwithstanding the division of the debt: the co-debtor who owns the mortgaged immovable is, on that immovable, held for the whole; each of the creditors has the whole imm…
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