Riom Court of Appeal, 27 November 2017, no. 15/03071

A 1963 joint ownership bylaws contained arbitration clause for disputes between the co-owners. However, the Court held that although the Act on Co-ownership of Real Estate dated 28 June 1938 provided for the possibility to include this type of clause in the bylaws, the Co-ownership Act of 10 July 1965 did not adopt these provisions. Moreover, it is well established that arbitration clauses included in co-ownership bylaws drafted before the enactment of the 1965 Act are without effect.

2018-01-14T22:29:56+00:00 November 27th, 2017|Court of Appeal, Riom Court of Appeal|0 Comments

Leave A Comment