Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 4540

State of Kuwait · Civil Matters — Volume 11 · Ministry of Justice — Court of Cassation — Technical Office

English translation of the principle

A sale with a right of redemption is the seller’s retention, for a specified period, of the right to recover the thing sold from the purchaser in return for repayment to him of the price and sale expenses. Its implication. The contract is deemed a loan secured by a possessory pledge. The consequence thereof. All provisions governing possessory pledges apply to it, including the invalidity of an agreement to take ownership of the real property sold, for the protection of the seller. Article 508, Civil Code.
Arabic original
بيع الوفاء هو احتفاظ البائع خلال مدة معينة بحق استرداد المبيع من المشتري في مقابل رد الثمن ومصروفات البيع إليه. مفاده. اعتبار العقد قرضاً مضموناً برهن حيازي. مؤدي ذلك. سريان جميع أحكام الرهن الحيازي عليه بما فيها بطلان الاتفاق على تملك العقار المبيع حماية للبائع. م ٥٠٨ مدني.
Original Arabic judgment citations

(الطعن ٢٣٧/٢٠٠٨ مدني جلسة ٢٩/٤/٢٠٠٩ مجلة القضاء والقانون - س ٣٧ ج ٢ ص ٣٦٣)

Source: Court of Cassation legal principles collection — Civil Matters — Volume 11 — Ministry of Justice — Court of Cassation — Technical Office. PDF pages: 895.

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