Term
Right of pre-emption
The right of pre-emption is often found with properties in the land register. The beneficiary is granted the right to maintain priority in the case of sale to a third party and to personally acquire the property. The right of pre-emption is triggered by a third-party offer. The beneficiary then has 30 days to make use of their right and acquire the property under the same conditions as the third party. If he does not use this, the right of pre-emption expires and the contract with the third party can legally take place. The right of pre-emption is a highly personal right and cannot be inherited or alienated. It expires with the death of the beneficiary.