Seller Refusal to Finalize Sale and Retention of Down Payment
Synthèse Legislator
Généré par l'IAA seller, having promised to sell a property to a prospective buyer and received a down payment, subsequently refused to finalize the sale and refused to return the down payment when the buyer withdrew, prompting the buyer to sue for the return of the sum; the Court of Cassation ruled that a unilateral promise to sell, even when registered, does not constitute a transfer of ownership, and since the definitive contract had not been executed, the seller was obligated to return the deposit received as it represented an undue enrichment, leading to the quashing of the lower court's decision which had upheld the retention of the funds.
Regeste Legislator
Généré par l'IASeller Refusal to Finalize Sale and Retention of Down Payment: A seller, having promised to sell a property to a prospective buyer and received a down payment, subsequently refused to finalize the sale and refused to return the down payment when the buyer withdrew, prompting the buyer to sue for the return of the sum; the Court of Cassation ruled that a unilateral promise to sell, even when registered, does not constitute a transfer of ownership, and since the definitive contract had not been executed, the seller was obligated to return the deposit received as it represented an undue enrichment, leading to the quashing of the lower court's decision which had upheld the retention of the funds.