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Paper Information

Journal:   AZAD LEGAL RESEARCHES   SUMMER 2007 , Volume - , Number 1; Page(s) 0 To 0.
 
Paper: 

THE PASSING OF PROPERTY IN SALE OF FUTURE GOODS

 
 
Author(s):  PIRHADI M.R.*
 
* 
 
Abstract: 

The future goods not only include generic goods but also the goods to be manufactured exclusively or solely for buyer that it may be movable or immovable like an apartment or flat in a site or building. When the subject of a contract in sale of goods is purely generic goods by description, no property in the goods is transferred to the buyer unless and until the goods are ascertained. In other words the property in the goods of that description, if unconditionally appropriated to the contract, passes to the buyer. Where there is a contract for the sale of future goods to be manufactured exclusively or solely for the buyer the property in the goods passes to the buyer at the time the goods completely is manufactured. The parties may intend to pass the property gradually during the manufacturing, fixing and installing of each part of the goods.
The future goods also includes the goods to be grown as an agricultural product in a specific farm or garden for the contract .where there is a contract for the sale of goods to be grown as an agricultural product in a specific farm or garden if the sort or quality of that kind of the product is formed and in other words when there is the first step of that quality and kind of the product, the property passes at the time of making of the contract. The parties may agree that the property passes at the time the product to be completed and attain perfection or even passes at the time after reaping and harvesting of the product.

 
Keyword(s): 
 
References: 
  • ندارد
 
  Persian Abstract Yearly Visit 90
 
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