If, on the transfer of a business by way of an anticipated inheritance, a plot of land leased for the business that serves agricultural purposes is included in the transfer, then the transferee succeeds to the usufructuary lease in place of the lessee. However, the usufructuary lessor is to be promptly notified of the transfer of business. If it is not warranted that the transferee will properly manage the leased property, then the usufructuary lessor is entitled to terminate the lease for cause observing the statutory notice period.
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Book 2 · Law of obligations › Subtitle 5 · Farm lease › Section 593a
Transfer of a business
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