The Effects of the Sale Contract from the Perspective of the Seller

Abstract

The effects of the contract are the legal consequences that come into being between the contracting parties on the one hand, and in relation to third parties on the other hand. In other words, the effects of a contract are the obligations that said contract generates for the contracting parties. In the case of a sales contract, the contracting parties that perform certain obligations are the seller and the buyer. In the present paper I seek to offer a brief account of the obligations assumed by the seller through their valid entering into a contract of sale. The seller has three main obligations (to transfer the property, to hand over the sold good, and the warranties against eviction and hidden defects, respectively) which I shall approach throughout this study. At the same time, in order to comprehend the complexity of these effects, I opted to present the broader concept of a sales contract, thus analysing the definition and legal characters of said contract.