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Article 1195 of the French Civil Code

If a change in circumstances unforeseeable at the time the contract was concluded makes performance excessively onerous for a party who had not agreed to assume the risk, that party may ask its co-contractor to renegotiate the contract. It continues to perform its obligations during the renegotiation. If renegotiation is refused or fails, the parties may agree to terminate the contract, on the date and subject to the conditions they…

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Article 1196 of the French Civil Code

In contracts the object of which is the alienation of ownership or the assignment of another right, the transfer takes place when the contract is concluded. This transfer may be deferred by the will of the parties, the nature of the things or by the effect of the law. The transfer of ownership entails the transfer of the risks of the thing. However, the debtor of the obligation to deliver…

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Article 1198 of the French Civil Code

Where two successive purchasers of the same tangible movable hold their right from the same person, the one who first took possession of that movable is preferred, even if his right is subsequent, provided that he is in good faith. Where two successive purchasers of rights in the same immovable property hold their rights from the same person, the one who first published his title of acquisition executed in authentic…

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Article 1199 of the French Civil Code

A contract creates obligations only between the parties. Third parties may neither request performance of the contract nor be compelled to perform it, subject to the provisions of this section and those of Chapter III of Title IV.

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Article 1201 of the French Civil Code

When the parties have entered into an apparent contract that conceals a hidden contract, the latter, also known as a counter-letter, is effective between the parties. It is not enforceable against third parties, who may nevertheless rely on it.

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Article 1202 of the French Civil Code

Any counter-letter whose purpose is to increase the price stipulated in the agreement for the transfer of a ministerial office is null and void. Also void is any contract whose purpose is to conceal part of the price, where it relates to a sale of immovable property, a transfer of a business or client base, a transfer of a right to a lease, or the benefit of a promise to…

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