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Part 3 · Effects of opening insolvency proceedings  ›  Division 2 · Performance of transactions. Cooperation of works council › Section 111

Sale of property let by debtor

If the insolvency administrator sells immovables or premises let by the debtor and if the buyer replaces the debtor as a party of the tenancy or lease, the buyer may terminate the tenancy or lease with the legal period of notice. Such notice may be given only for the first date of the legal period of notice.

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