HIGHLIGHTS
SUMMARY
Although this system shines through its simplicity, problems arise in the context of agreements where a party only wishes to perform if the other party performs too (hereafter also referred to as ‘mutual contracts`), such as a transfer of immovable property in exchange for, e_g, a purchase price. The most ideal solution to this stalemate is therefore a simultaneous exchange, meaning that - in the context of a sale/purchase - the transfer of immovable property takes place at exactly the same moment as the transfer of the purchase price. This means that parties themselves or . . .
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