Land Registry Rejection Appeal Dismissed: Beneficiary Non-Participation in Right of First Refusal Certification

The court dismissed an appeal against a land registry rejection concerning the registration of a right of first refusal, which was granted gratuitously in an underlying gift deed of property, because the beneficiary of the right had not participated in the notarial certification of the agreement as required by law. The court reasoned that, based on the prevalent "condition theory" which views a right of first refusal as a conditionally binding purchase agreement, the beneficiary accepts conditional obligations upon the agreement's conclusion; therefore, to satisfy the mandatory public certification requirement for property rights under the relevant articles, the beneficiary must also participate in the formal act to ensure clarity of will and complete the necessary contractual consensus.