TERMIUM Plus®

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Record 1 2013-11-04

English

Subject field(s)
  • Law of Contracts (common law)
  • Real Estate
CONT

The deed of sale shall contain a resolutory clause, the clauses usually guaranteeing payment of a balance of the sale price of an immovable, and a clause whereby the seller consents to giving up priority of rank should a new hypothec be created in accordance with clause 6.1 of the promise to purchase ...

French

Domaine(s)
  • Droit des contrats (common law)
  • Immobilier
CONT

Une clause résolutoire prévoit qu'en cas de manquement à une obligation contractuelle de l'une des parties, le contrat sera résilié de plein droit. Cela permet notamment d'éviter le recours à la justice. Le bénéficiaire de la clause n'a plus à exécuter son obligation.

Spanish

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