When an assignment isnotified to the lessor, he shall have a period of one month from the notification to oppose it, where necessary, and seize the competent court, ruling expeditiously, by giving reasonable and legitimate reasons to raise an opposition.
Breach of the obligations of the lease by the lessee, and in particular, non-payment of rent, constitutes a reasonable and legitimate reason to oppose theassignment.
Throughout the procedure, the assignor shall remain in the premises and remain liable for the obligations under the lease.
When the assignment requires the agreement of the lessor, the latter shall have a period of one month from the notification to communicate to the lesseehis acceptance or refusal. Passed this deadline, the silence of the lessorshall entail acceptance of the assignment of lease.
Unofficial translation
Transcription: Spot-checked
In force from 16-05-2011
Source page 43
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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Section 120 of the Acte uniforme révisé portant sur le droit commercial général/akn/ohada/act/loi/2010-12-15/audcg-2010
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