Article 2320
A simple extension of the term, granted by the creditor to the principal debtor, does not discharge the guarantor. When the initial term has expired, the guarantor may either pay the creditor and take…
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Showing 761–770 of 51113 articles for “Art. Cass. com. 3 October 2006 · Cass. com. 23 October 2012 n° 11-24.033 · Cass. com. 15 September 2015 n° 14-17.964 · CA Versailles 6 June 1997”
A simple extension of the term, granted by the creditor to the principal debtor, does not discharge the guarantor. When the initial term has expired, the guarantor may either pay the creditor and take…
The pledgor must reimburse the creditor or the agreed third party for useful or necessary expenses incurred by the latter for the preservation of the pledge.
The creditor may also obtain a court order that the property shall remain in payment to him.Where the value of the property exceeds the amount of the secured debt, the sum equal to the difference shal…
…assigned as security for an obligation by the effect of a contract concluded pursuant to articles 1321 to 1326.
Where subrogation to the creditor's rights can no longer be effected in his favour through the creditor's fault, the guarantor shall be discharged to the extent of the loss he suffers. Any clause to t…
Where a guarantee of future debts is for an indefinite period, the guarantor may terminate it at any time, subject to compliance with the contractually stipulated notice period or, failing that, a rea…
Security in rem is legal, judicial or contractual, depending on whether it is granted by law because of the nature of the claim, by a protective judgment or by an agreement. It is movable or immovable…
…ged asset.The value of the asset is determined on the day of the transfer by an expert appointed amicably or judicially, in the absence of an official quotation of the asset on a trading platform with…
Ownership of an asset may be retained as security by the effect of a retention of title clause which suspends the translative effect of a contract until full payment of the obligation which constitute…
…ight attached to pledges of real property and mortgages. They are exercised in the order of article 2377.
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