{"schemaVersion":1,"recordType":"legal-article","id":"law:eri:code:civil:2015:article:1265","workId":"law:eri:code:civil:2015","expressionId":"law:eri:code:civil:2015:en","title":"Right of Pre-Emption","number":"1265","language":"en","canonicalUrl":"https://eriatlas.com/law/civil-code-2015/article/1265/","hierarchy":{"book":"BOOK IV - PROPERTY","title":"TITLE V - USUFRUCT AND OTHER RIGHTS IN REM","chapter":"Chapter 3. - Contractual Rights of Purchase or Pre-emption","section":null,"paragraph":null},"paragraphs":[{"id":"p1","number":"1","text":"Where the party who granted a right of pre-emption intends to sell the property, he shall inform the beneficiary of this right of this intention and of all charges existing on such property.","canonicalUrl":"https://eriatlas.com/law/civil-code-2015/article/1265/#p1","sourceTargets":[{"sourceId":"civil-code-2015-en","pdfPage":350,"url":"https://eriatlas.com/sources/civil-code-2015/page/350/?article=1265&paragraph=p1#article-1265-p1"}]},{"id":"p2","number":"2","text":"A right of pre-emption shall be exercised within two months from the beneficiary having been informed of the owner’s intention to sell.","canonicalUrl":"https://eriatlas.com/law/civil-code-2015/article/1265/#p2","sourceTargets":[{"sourceId":"civil-code-2015-en","pdfPage":350,"url":"https://eriatlas.com/sources/civil-code-2015/page/350/?article=1265&paragraph=p2#article-1265-p2"}]},{"id":"p3","number":"3","text":"The parties may by agreement extend this period to one year. Where a period exceeding one year has been agreed, it shall be reduced to one year.","canonicalUrl":"https://eriatlas.com/law/civil-code-2015/article/1265/#p3","sourceTargets":[{"sourceId":"civil-code-2015-en","pdfPage":350,"url":"https://eriatlas.com/sources/civil-code-2015/page/350/?article=1265&paragraph=p3#article-1265-p3"}]},{"id":"p4","number":"4","text":"The beneficiary shall lose his right where he fails to exercise it within the aforementioned period. The owner may thereupon alienate the property. He may also retain the ownership thereof.","canonicalUrl":"https://eriatlas.com/law/civil-code-2015/article/1265/#p4","sourceTargets":[{"sourceId":"civil-code-2015-en","pdfPage":350,"url":"https://eriatlas.com/sources/civil-code-2015/page/350/?article=1265&paragraph=p4#article-1265-p4"}]}],"caution":"This is the 2015 English-language edition attributed in its front matter to the Ministry of Justice. Eri Atlas has not independently verified the translation, later changes, or whether the text is currently in force. Nine passages are incomplete in the available scan and are identified where they occur."}