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Federal Act
on the Amendment of the Swiss Civil Code
(Part Five: The Code of Obligations)

Art. 261

J. Change of own­er­ship

I. Ali­en­a­tion of the ob­ject

 

1 Where after con­clud­ing the con­tract the land­lord ali­en­ates the ob­ject or is dis­pos­sessed of it in debt col­lec­tion or bank­ruptcy pro­ceed­ings, the lease passes to the ac­quirer to­geth­er with own­er­ship of the ob­ject.

2 However, the new own­er may:

a.
serve no­tice to ter­min­ate a lease on res­id­en­tial or com­mer­cial premises as of the next leg­ally ad­miss­ible ter­min­a­tion date if he claims an ur­gent need of such premises for him­self, his close re­l­at­ives or in-laws;
b.
serve no­tice to ter­min­ate a rent­al agree­ment in re­spect of oth­er ob­jects as of the next leg­ally ad­miss­ible ter­min­a­tion date un­less the con­tract al­lows for earli­er ter­min­a­tion.

3 If the new own­er ter­min­ates soon­er than is per­mit­ted un­der the con­tract with the ex­ist­ing land­lord or lessor, the lat­ter is li­able for all res­ult­ant losses.

4 The pro­vi­sions gov­ern­ing com­puls­ory pur­chase are un­af­fected.