When a property dealer has acquired

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

The situation

When a property dealer has acquired a building, undertaking to resell the property within a maximum period of four years, while specifying that this period would be reduced to two years for resales consisting of sales by lots triggering one of the tenants' rights of pre-emption under Article 10 of Law No. 75-1351 of 31 December 1975 or Article 15 of Law No. 89-462 of 6 July 1989, the resale of lots leased at the time of acquisition but vacant at the time of resale is subject to the four-year period and not the two-year period.

What the law says

This decision confirms the fundamental principles of property law.

Key points to remember

• Strictly comply with the statutory time limits for appeals
• Keep all your supporting documents (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.