Artikel 7:110 Property Not Accepted

Geldend

Documentgegevens:

Geldend vanaf 01-01-1999

Redactionele toelichting: Bron: frontpage.cbs.dk/law/commission_on_european_contract_law. De datum van publicatie is gezet op 01-01-1999.
Bronpublicatie:: 01-01-1999, Internet 1999, 000 (uitgifte: 01-01-1999, kamerstukken/regelingnummer: -)
Inwerkingtreding: 01-01-1999
Bronpublicatie inwerkingtreding:: 01-01-1999, Internet 1999, 000 (uitgifte: 01-01-1999, kamerstukken/regelingnummer: -)
Vakgebied(en): EU-recht / Bijzondere onderwerpen
Verbintenissenrecht / Overeenkomst

(1)

A party who is left in possession of tangible property other than money because of the other party's failure to accept or retake the property must take reasonable steps to protect and preserve the property.

(2)

The party left in possession may discharge its duty to deliver or return:

(a): by depositing the property on reasonable terms with a third person to be held to the order of the other party, and notifying the other party of this; or
(b): by selling the property on reasonable terms after notice to the other party, and paying the net proceeds to that party.

(3)

Where, however, the property is liable to rapid deterioration or its preservation is unreasonably expensive, the party must take reasonable steps to dispose of it. It may discharge its duty to deliver or return by paying the net proceeds to the other party.

(4)

The party left in possession is entitled to be reimbursed or to retain out of the proceeds of sale any expenses reasonably incurred.