Contract Formation Subject to Administrative Authorization
France (FR)
Synthèse Legislator
Généré par l'IAA contract for the sale of property, which specified the transfer of ownership was subject to a prior necessary authorization from an administrative authority, was deemed not to have been definitively concluded at the moment the parties exchanged mutual consent on the price and object, because the authorization constituted a suspensory condition that, upon refusal, prevented the formation of the final contract, leading the court to reject a claim demanding execution of the sale based on the initial agreement.
Regeste Legislator
Généré par l'IAContract Formation Subject to Administrative Authorization: A contract for the sale of property, which specified the transfer of ownership was subject to a prior necessary authorization from an administrative authority, was deemed not to have been definitively concluded at the moment the parties exchanged mutual consent on the price and object, because the authorization constituted a suspensory condition that, upon refusal, prevented the formation of the final contract, leading the court to reject a claim demanding execution of the sale based on the initial agreement.