Korean Law in English
Laws › Civil Act › Sub-Section 2 Effect of Sale

Civil Act — Article 572 (Case where part of right belongs to another person and seller's liability for warranty)

민법 제572조

(1) If the seller is unable to acquire and transfer the right to the buyer by reason of the fact that a part of the right which forms the object of a sale belongs to another, the buyer may demand a reduction of the purchase-price in proportion to the part.

(2) If in the case of the preceding paragraph the buyer would not have bought the remaining part, had such alone been the object of the sale, the buyer acting in good faith may rescind the whole of the contract.

(3) The bona fide buyer may claim damages besides claiming for a reduction of the purchase-price or the rescission of a contract.

‹ Article 571All articlesArticle 573 ›

Korean original (law.go.kr) · Get articles as JSON via API