Another reason for recognizing a transaction as invalid may be the low price of the object. According to the law, the parties to the contract have freedom in determining the cost (Article 421 of the Civil Code of the Russian Federation) and it may be lower than the market price.
Often sellers "drop" it to reduce the taxable base. For the buyer, this situation carries risks. In the event of litigation, he may be recognized as dishonest, and the transaction - invalid.
In this case, the buyer is obliged to return the property, receiving as compensation only the amount specified in the contract, which is often significantly lower than the actual market price.
Transactions with frequent algeria email list transfers of property rights over a short period of time may also be invalidated. If the property is repeatedly transferred from one owner to another over a short period of time, this may raise suspicions and claims from third parties. Buyers should pay attention to the length of ownership of the property by the current owner in order to minimize risks.
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Application of the consequences of invalidity of transactions
Claims of this type are often filed with the aim of restoring the violated right. The process of its restoration is carried out by applying the consequences of recognizing the transaction as invalid, which is determined by the general rules established in Article 167 of the Civil Code of the Russian Federation:
Legal consequences of invalidity . The transaction does not generate legal consequences. The exception is those related to its status, that is, that it is considered invalid from the moment of its execution.
Return of what was received under the agreement . Each party is obliged to return to the other everything received under the transaction. If it is impossible to return what was received in kind (for example, property, work performed, services rendered, etc.), its value must be reimbursed, unless otherwise provided by law.
Low cost and frequent change of owners
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