In the event of cancellation of the sale of a property
Droit Immobilier

In the event of cancellation of the sale of a property

📅 Décision du 03 May 2018⚖️ Cour de cassation👁️ 3 vues📖 2 min de lecture

In the event of cancellation of the sale of a property, the restitution of the price received by the seller, in return for the return of the property by the purchaser, does not constitute compensable loss. Consequently, the judgment which, in order to jointly and severally order a notary and an estate agency to indemnify the sellers against their order to repay the sale price to the purchaser, holds that the seriousness of their breaches of their duty to advise requires them to compensate the purchaser's loss and to indemnify the sellers against all orders made against them, must be overturned.

Reference decision: Court of Cassation • No. 17-11.132 • 2018-05-03 • View the decision →

This decision sheds important light on your property rights. Here is how it affects you.

The situation

In the event of cancellation of the sale of a property, the restitution of the price received by the seller, in return for the return of the property by the purchaser, does not constitute compensable loss. Consequently, the judgment which, in order to jointly and severally order a notary and an estate agency to indemnify the sellers against their order to repay the sale price to the purchaser, holds that the seriousness of their breaches of their duty to advise requires them to compensate the purchaser's loss and to indemnify the sellers against all orders made against them, must be overturned.

What the law says

This decision confirms the fundamental principles of property law.

Key points

  • Scrupulously comply with the statutory time limits for appeals
  • Keep all your supporting documents (title deeds, deeds, correspondence)
  • Plan ahead: preventive advice always costs less than litigation

For an analysis of your situation: a 30-minute consultation at €45 with Maître Zakine.

📌 Does this apply to your situation? Maître Cécile Zakine, French real estate lawyer, practises throughout France.
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Informations juridiques

  • Numéro: 17-11.132
  • Juridiction: Cour de cassation
  • Date de décision: 03 mai 2018

Mots-clés

droit immobilierjurisprudenceimmobilier
Maître Cécile Zakine

À propos de l'auteur

Maître Cécile Zakine — Avocate au Barreau des Alpes-Maritimes, Docteur en Droit. Chaque article de ce magazine est rédigé à partir de l'analyse d'une décision de jurisprudence réelle, commentée et mise en perspective par les équipes de Maître Zakine.

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