Retention of Title

(i) Whether retention of title could be applied

The Civil Code provides that title for the property passes to purchaser at the moment of transferring the property to him unless otherwise specified by laws or the contract. Therefore it can be assumed that the parties can provide in the contract for retention of title until certain conditions are met.

Typical examples for retention of title can be found in leasing agreements or mortgage agreements which provide that although the property is transferred to purchaser from the moment of signing the contract, the title for the property is passed only after fulfillment of all cont...

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Retention of Title

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All payments currently accepted via bank transfers only. Please complete a form below to receive an Agreement for our product and invoice.