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NeCede's

Maxim 5.5.12

The payment of the price stands in the place of the purchase.

Solutio pretii emptionis loco habetur.

Source: Jenk. Cent. 56; Jackson; Weisman, 13f Difficulty 2/5 — Approachable

Explanation

Payment of the agreed price is equivalent to the purchase itself — once the price is tendered, the buyer's right to the thing sold is complete.

Where this applies

  • I paid the full price — when is the sale officially complete?
  • The seller accepted my payment but says the sale isn't finalized yet.

Legal domains

Cite this maxim

NeCede Max. 5.5.12 — The payment of the price stands in the place of the purchase. — Jenk. Cent. 56; Jackson; Weisman, 13f (Solutio pretii emptionis loco habetur.)

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