Art. 681571
II. Restrictions on alienation; statutory right of pre-emption 1. General principles 1 Statutory rights of pre-emption may also be exercised in the case of compulsory sale at auction, but only at the auction itself and on the conditions that apply to a sale to the highest bidder; in other respects statutory rights of pre-emption may be exercised subject to the conditions that apply to contractual rights of pre-emption. 2 The right of pre-emption becomes void if the land is sold to a person with a right of pre-emption of equal or higher rank. 3 Statutory rights of pre-emption may neither be inherited nor assigned. They take precedence over contractual rights of pre-emption. 571Amended by No I of the FA of 4 Oct. 1991 on the Partial Revision of the Civil Code (Immovable Property Law) and of the Code of Obligations (Purchase of Land), in force since 1 Jan. 1994 (AS 1993 1404; BBl 1988 III 953). |