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Chapter 2. - Contracts of Pledge

Art. 2482Definition
Art. 2483Person Furnishing the Pledge
Art. 2484Obligation Secured
Art. 2485Form of Contract
Art. 2486Pledge
Art. 2487A Share in Property
Art. 2488Creditor’s Possession
Art. 2489Possession by an Agreed Third Party
Art. 2490Debtor’s Possession
Art. 2491Regulation of Contract of Pledge
Art. 2492Ownership of Pledge
Art. 2493Cost of Maintaining and Preserving the Pledge
Art. 2494Abuse by Pledgee
Art. 2495Premature Payment of the Obligation
Art. 2496Pledge Furnished by a Third Party
Art. 2497General Principle
Art. 2498Use of the Pledge
Art. 2499Repledging
Art. 2500Fruits
Art. 2501Action for Possession
Art. 2502Third Party's Claim to the Pledge
Art. 2503Exception
Art. 2504Possibility of Reclaiming Stolen Property
Art. 2505Return of Pledge
Art. 2506Priority
Art. 2507Loss or Deterioration of the Pledge
Art. 2508Subrogation to Property Rights
Art. 2509Accessory Character of the Contract
Art. 2510Indivisibility of pledge
Art. 2511Commissoria Lex
Art. 2512Effect on Third Parties
Art. 2513Default
Art. 2514Sale of Pledge
Art. 2515Limitation by the Court
Art. 2516Sale of Debtor’s Property at First
Art. 2517Assignment of Pledge to the Pledgee
Art. 2518Priority Right
Art. 2519Limitation of Creditor’s Rights
Art. 2520Disposal of Proceeds
Art. 2521Several Pledgees
Art. 2522Purchaser’s Rights
Art. 2523Creditor’s Liability
Art. 2524Relation of Pledger and Debtor
Art. 2525Claims Not Established by Title
Art. 2526Rights Not Established by Title
Art. 2527Acknowledgment of Debt
Art. 2528Claims Producing Periodical Income. - 1. Extent of Pledge
Art. 25292. Rights and Duties of Pledgee
Art. 2530Preservatory Measures
Art. 2531Pledged Shares
Art. 2532Rights of Debtor of Claim Pledged
Art. 2533Collection of Obligation Pledged
Art. 2534Sale of Claim or Right Pledged
Art. 2535Reference to Preceding Section

Civil Code · English · 2015

Article 2522

Purchaser’s Rights

The purchaser of the pledge shall acquire the ownership thereof free of any encumbrance.

← Article 2521 Article 2523 →

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About this text

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.

Source title: Civil Code of the State of Eritrea
Edition: 2015
Issuing body: Ministry of Justice, State of Eritrea
Repository: FAOLEX
Language: English
Source pages: 697

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