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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