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Ouvrages

Business Contracts

Auteur : Louis Vogel

Sommaire de l’ouvrage
  • Introduction

  • Part 1: Contract of sale

    • Title 3: Performance of the contract of sale

      • Chapter 1: Transfer of rights in rem

        • Section 1: Transfer of ownership

          • I: Principle of immediate transfer of ownership

          • II: Deferral of transfer of ownership

            • A: Retention of title clause

              • 1°: Conditions of validity

              • 2°: Effect

            • B: Other grounds for deferral

        • Section 2: Transfer of risk

        • Section 3: Transfer of accessories attached to the thing

141. Retention of title clause

1 minute de lecture

As an exception to the principle of immediate transfer laid down in Article 1583 of the Civil Code, a retention of title clause can be defined as one whereby the seller, while delivering the product, retains ownership of it as security until the price has been paid in full by the buyer. The clause has its origins in insolvency law. In effect, the validity of such clauses was enshrined for the firs …

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