Vendee’s Obligations

Updated on

1. TO TRANSFER OWNERSHIP AND DELIVER THE THING SOLD

The seller is bound to transfer the ownership of and deliver the object of the sale. (Article 1495, Ibid.)

2. TRANSFER OF OWNERSHIP AND DELIVERY OF THE THING SOLD

The thing sold shall be understood as delivered, when it is placed in the control and possession of the buyer. (Article 1497, Ibid.)

Delivery transfers ownership. The ownership of the thing sold is acquired by the buyer from the moment it is delivered to him in any of the ways specified in Articles 1497 to 1501, or in any other manner signifying an agreement that the possession is transferred from the seller to the buyer. (Article 1496, Ibid.)
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