The buyer must pay the sale price, on the day and place fixed in the bill of sale, to the notary or at any banking institution mutually agreed in the deed.
The notary or the banking institution so designated shall keep the funds in escrow for a period of thirty days, starting on the day of the publication in a newspaper empowered to publish the sale in the legal notices section.
If at the end of such time limit, no objection was notified to the escrow agent, he must surrender the payment to the seller.
Where one ormultipleobjections have been lodged during the time limit,thesale price shall be available only when proved that all objections have been removed.
Unofficial translation
Transcription: Spot-checked
In force from 16-05-2011
Source page 51
The document's transcription was spot-checked against the supplied source; this does not confirm a line-by-line review of every provision.
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