The Sale with Repurchase Clause

The sale with repurchase clause was regulated in 1864 by the Civil Code, within the meaning of articles 1371-1387, as a variety of sale affected by a cancellation condition. The sale with repurchase clause was frequently used in practice in order to breach the public provisions of article 1689 of th...

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Autor principal: Urs,Ilie
Lenguaje:English
Publicado: Pontificia Universidad Católica de Valparaíso. Escuela de Derecho 2010
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Acceso en línea:http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-68512010000200002
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spelling oai:scielo:S0718-685120100002000022011-02-03The Sale with Repurchase ClauseUrs,Ilie Sale with repurchase clause Compulsory sale by mortgage The sale with repurchase clause was regulated in 1864 by the Civil Code, within the meaning of articles 1371-1387, as a variety of sale affected by a cancellation condition. The sale with repurchase clause was frequently used in practice in order to breach the public provisions of article 1689 of the Romanian Civil Code, on mortgage matters. Taking into consideration that the sale with repurchase clause was actually a way to breach the provisions of article 1689 of the Romanian Civil Code, giving birth to a lot of abuses on the part of the creditors, the Romanian legislator decided to prohibit this type of sale. We also consider that, de lege ferenda, the implementation of a new prohibition law of the sale with repurchase clause is both necessary and useful.info:eu-repo/semantics/openAccessPontificia Universidad Católica de Valparaíso. Escuela de DerechoRevista de derecho (Valparaíso) n.35 20102010-12-01text/htmlhttp://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-68512010000200002en10.4067/S0718-68512010000200002
institution Scielo Chile
collection Scielo Chile
language English
topic Sale with repurchase clause
Compulsory sale by mortgage
spellingShingle Sale with repurchase clause
Compulsory sale by mortgage
Urs,Ilie
The Sale with Repurchase Clause
description The sale with repurchase clause was regulated in 1864 by the Civil Code, within the meaning of articles 1371-1387, as a variety of sale affected by a cancellation condition. The sale with repurchase clause was frequently used in practice in order to breach the public provisions of article 1689 of the Romanian Civil Code, on mortgage matters. Taking into consideration that the sale with repurchase clause was actually a way to breach the provisions of article 1689 of the Romanian Civil Code, giving birth to a lot of abuses on the part of the creditors, the Romanian legislator decided to prohibit this type of sale. We also consider that, de lege ferenda, the implementation of a new prohibition law of the sale with repurchase clause is both necessary and useful.
author Urs,Ilie
author_facet Urs,Ilie
author_sort Urs,Ilie
title The Sale with Repurchase Clause
title_short The Sale with Repurchase Clause
title_full The Sale with Repurchase Clause
title_fullStr The Sale with Repurchase Clause
title_full_unstemmed The Sale with Repurchase Clause
title_sort sale with repurchase clause
publisher Pontificia Universidad Católica de Valparaíso. Escuela de Derecho
publishDate 2010
url http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-68512010000200002
work_keys_str_mv AT ursilie thesalewithrepurchaseclause
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