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- Title
LA VENTA VOLUNTARIA DEL BUQUE EN EL PROYECTO DE LEY GENERAL DE NAVEGACIÓN MARÍTIMA.
- Authors
López-QuirogaTeijeiro, Carlos; López Quiroga, Julio
- Abstract
The Proposal of General Maritime Navigation Act sets out, for the first time, a series of specific regulations on the sale and purchase of vessels that inspired, to a large extent, on market practice. It establishes a specific framework for warranty of title and hidden defects claims, with tighter deadlines than those currently permitted by Spanish common law. In addition, the moment when risk over the vessel is transferred from the buyer to the seller is adapted to maritime commercial practice. The regulation of the consequences of the sale of a vessel on its operating contracts is also modernised and may cause some future debate.
- Subjects
SPAIN; MARITIME law; SELLING; MERCHANT ships; COMMERCIAL law; SPANISH law; LAW
- Publication
Actualidad Jurídica (1578-956X), 2011, p39
- ISSN
1578-956X
- Publication type
Article