Emption Right

Emption Right
The right known as emption right in civil law countries is an option to purchase a real estate good at a given price during a certain period of time. The person that benefits from this option is not obliged to buy the good. However, the landowner, if he decides to sell his land, must propose it to the beneficiary at the conditions fixed at the time of the signature of the act. This act can contain the price and the modalities of exercise of the emption right and must be a notarial deed. It can be registered at the land register for publicity reasons. Our firm can assist you for the drafting and the negotiation of your emption rights if you deem it necessary
GHD LLP

GHD LLP (155)