JURITEXT000006952996 Généré par l'IA

Vendor's Right of First Refusal Void After Rescinded Sale Contract

Numéro de cause JURITEXT000006952996

Autorité / Tribunal Cour de cassation

Juridiction

France (FR)

Date de la décision 1960-02-04

Issue du litige annulled

Ouvrir la source officielle Version Markdown lisible par machine (.md)

Synthèse Legislator

Généré par l'IA

A vendor, having contracted to sell a property, subsequently signed a separate agreement granting a right of first refusal to a third party, which the property owner then exercised after the initial sale agreement was rescinded by mutual consent and the vendor retained a deposit. The court held that the subsequent agreement granting the right of first refusal was null and void because it concerned a property that was no longer subject to the initial contract of sale, which had been effectively cancelled, and thus the vendor was not obligated to honor the right of first refusal when later selling the property to another party.

Regeste Legislator

Généré par l'IA

Vendor's Right of First Refusal Void After Rescinded Sale Contract: The court held that the subsequent agreement granting the right of first refusal was null and void because it concerned a property that was no longer subject to the initial contract of sale, which had been effectively cancelled, and thus the vendor was not obligated to honor the right of first refusal when later selling the property to another party.