Real estate case law: analysis and practical advice

This decision provides important insight into your property law. Here is what it changes for you.

The situation

A COURT OF APPEAL MAY, PURSUANT TO ARTICLE 161 OF THE LAW OF 13 JULY 1967, ORDER THE LIQUIDATION OF THE ASSETS OF A MEMBER OF CONSTRUCTION COMPANIES, ONCE IT FINDS THAT, AS FOUNDER AND DIRECTOR OF THOSE COMPANIES, HE RESOLD WITH SUBSTANTIAL PROFITS THE SHARES GIVING HIM ENTITLEMENT TO APARTMENTS, AND THAT HE THEREFORE ENGAGED IN CONSTRUCTION OPERATIONS FOR PROFIT.

What the law says

This decision confirms the fundamental principles of property law.

Key takeaways

• Strictly comply with legal time limits for appeals
• Keep all your supporting documents (title deeds, instruments, correspondence)
• Anticipate: preventive advice always costs less than litigation

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