Subject of the replacement contract Replacement of items!

1. Replacement of items

The subject of the replacement contract may be different items. Depending on the arrangement of

the parties may conclude a contract for the exchange of ownership over one

against property rights over several properties. Obligations under the contract for

replacements may also be substitutable and non-movable, movable and immovable property, generic

defined or individually determined items, etc. Replaced items may be from

different type: moveable against immovable property, substitutable against a disposable item, individually

determined against a generic property, etc., in cases where the holder of the right of

ownership of the replaced items is the state and the municipality1, they find a special application

rules regarding the formation and expression of their will. Replacing a master item if

unless otherwise agreed, results in the transfer of ownership and its accessories.

If any of the replacements at the time of the conclusion of the replacement contract has been lost,

the contract will be void.

In a special case of substitution we will face the mutual transfer of ownership

on homogeneous substitutable objects of the same species. When the due date of the debts

both sides occur at the same time, there will be conditions for offsetting -

each of the borrowers will be able to demand a set-off of their obligation with that of the other.

These are two counter-obligations to provide homogeneous and substitutable items, each

one of which is required and liquid.

In cases where obligations have a different maturity, the relationship will resemble those of

Preliminary contract for a loan for consumption: one party undertakes to provide

a property in the possession of the other, which in turn undertakes after the expiration of

a certain period of time to transfer to the benefit of the first ownership of an item of the same type

the eligibility of such a Preliminary Contract is controversial in view of the real nature of the loan

for consumption, its effect will be achieved through the replacement contract.

Concluding a contract for the replacement of future items, including unpaid property

fruit, should produce its property right under the postponement condition -

the emergence of the future thing. The future thing may be the subject of the obligation of only one

party or both parties to the contract. In the first case,

the contract in respect of the consideration, having as its subject-matter property, may be

postponed by the parties to the time of the future property. The parties may have agreed

and vice versa - after a certain deadline, during which the future item is not

the occurrence of the partial transfer effect of the transaction is terminated.

A third option is also available, the replacement for whose transfer the transfer has been agreed

the future thing, take the risk of its non-emergence. In this case, the partial property law

the effect of the replacement contract on the available item is final.

Where the subject of both counter-claims is real rights over future property, the parties

may reach different arrangements in respect of each of them, depending on this

who takes the risk of not starting up any of the future items.

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