THE LEGAL REGIME OF THE UNILATERAL PROMISE REGARDING THE SALE CONTRACT

Abstract

The conclusion of a sale contract is often preceded by several agreements or temporary contracts taking several forms in the Romanian contemporary law, such as: the preference pact, the option pact, the unilateral and bilateral promise of sale. The current study regards the unilateral promise of sale/purchase which will be analyzed in the context of its legal acknowledgement by means of the Civil Code. The originality of this institution resides in its constitution elements, evolution and purpose, all of them composing an autonomous mechanism, completely different from the sale contract and the other contract meant to shape the latter.

Keywords

• unilateral promise of sale
• bilateral promise of sale
• option pact
• promissor
• beneficiary.