Article 1660
The buyback option may not be stipulated for a term exceeding five years. If it has been stipulated for a longer term, it is reduced to that term.
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Showing 141–150 of 56058 articles for “Art. Decree of 16 August 1901”
The buyback option may not be stipulated for a term exceeding five years. If it has been stipulated for a longer term, it is reduced to that term.
If the seller fails to exercise his action for redemption within the prescribed period, the purchaser remains the irrevocable owner.
…ontract, an inheritance common to them, each may exercise the action for redemption only in respect of the share which he had in it.
…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.
But, in the case of the two preceding articles, the purchaser may require all the co-sellers or all the co-heirs to be put in issue, in order to conciliate among themselves for the resumption of the w…
If the purchaser with a pact of redemption of an undivided part of an inheritance has become the successful bidder for the whole on an auction caused against him, he may oblige the seller to withdraw…
The same applies if a person who has sold an inheritance alone has left several heirs. Each of these co-heirs may only use the redemption option for the share he takes in the inheritance.
If the purchaser has left several heirs, the action for redemption may be brought against each of them only for his share, in the case where it is still undivided, and in the case where the thing sold…
1. Instalment payments made by taxpayers are credited to the account opened in their name. 2. (Repealed).
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