Livv
Ouvrages

Business Contracts

Auteur : Louis Vogel

Sommaire de l’ouvrage
  • Introduction

  • Part 1: Contract of sale

    • Title 2: Formation of the contract of sale

      • Chapter 2: Pre-contracts

        • Section 1: Unilateral promise to sell

          • II: Legal regime

            • B: Absence of exercise of the option

              • 1°: Waiver of the option right

              • 2°: Loss of option right

                • a): Voidance (caducité)

                • b): Substitution

                • c): Sale to third party in breach of promise

                  • i): Penalty for breach

                  • ii): Enforceability of the sale

        • Section 2: Unilateral promise to purchase

87. Enforceability of the sale

1 minute de lecture

Pursuant to Article 1124, paragraph 3, a contract of sale entered into in breach of a unilateral promise with a third party who was aware of its existence is null and void. Conversely, a sale executed with a third party to the promise, in good faith, remains valid, and enforceable against the prior promisee, who is a third party to said sale. Thus, the sale to a second purchaser of a property whic …

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