The third-party purchaser who has paid the mortgage debt, or suffered the seizure of the mortgaged property, has a recourse in warranty under the conditions of ordinary law and a subrogatory recourse against the principal debtor.
Home | French Legislation Articles | French Civil Code | Book IV: Securities | Title II: Security interests | Sub-title III: Security interests in immovable property | Chapter III: Mortgages | Section 7: Effects of mortgages | Subsection 1: Preferential and resale rights | Article 2460 of the French Civil Code
The third-party purchaser who has paid the mortgage debt, or suffered the seizure of the mortgaged property, has a recourse in warranty under the conditions of ordinary law and a subrogatory recourse against the principal debtor.
Le tiers acquéreur qui a payé la dette hypothécaire, ou subi la saisie de l’immeuble hypothéqué, a un recours en garantie dans les conditions du droit commun et un recours subrogatoire contre le débiteur principal.
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is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
RCS Paris n°814433470
Paris Bar Registration n° (Toque) C2396
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