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Article 1206: Right to be applied to the creation and termination of property rights

📅 Updated: 30.09.2026

1. The occurrence and termination of ownership and other property rights shall be determined by the law of the country where the property was located at the time the act or other condition occurred. 2. The creation and termination of the right to property and other property, unless otherwise provided by law. 3. The rights of a transaction in respect of movable property in transit shall be determined by the law of the country from which the property is sent, unless otherwise provided by law. may agree to apply to the creation and termination of ownership and other tangible rights over movable property the rights to be applied to their transaction, without prejudice to the rights of third parties. 4. The acquisition of property rights and other property rights is determined by the law of the country where the property was located at the end of the acquisition period. Authentics.