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Article 26. Subrogation by the New Owner

(1) The new owner of the unit steps into all the rights and obligations of the former owner arising from their membership in the association and from ownership according to this law.

(2) In the event of the transfer of ownership rights over the unit, except in the case of forced execution or insolvency proceedings, the acquirer of the unit is jointly liable with the transferor to the association and the provider of intermediary services for the transferor’s overdue obligations at the time of transfer resulting from their status as the unit’s owner. The acquirer’s liability on this basis is limited to the value of the unit.

(3) When concluding acts of alienation of the unit, the owner is obliged to provide evidence to the acquirer of the overdue but unpaid debts of the owner to the association through a certificate issued by the association, unless the parties to the act of alienation expressly waive the disclosure of this information. Any clause that deviates from the provisions of paragraph (1) and (2) is void. The acquirer’s right to reimbursement of the transferor’s debts remains unaffected unless the contract stipulates otherwise.

 

LPA C civ, art. 29 [Statutory Building Right over Public Rent and Royalty]

Article 100. Making of Registrations and Notations