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Article 524. Calculation of damages on avoidance

📅 Updated: 30.09.2026

1. If, within a reasonable time after avoidance of the contract as a result of the seller ' s breach of obligation, the buyer bought from another person at a higher but reasonable price in lieu of the contract provided for 2. If, within a reasonable period of time after the dissolution of the contract, the buyer may claim damages against the seller in the form of a difference between the price set forth in the contract and the price in the substitute transaction. the seller sold the goods to another person at a lower price than the contract provided for but a reasonable price, the seller may present to the buyer 3. A claim for damages in the form of a difference between the price set forth in the contract and the price in the substitute transaction. of this article, no transaction has been made in lieu of the avoided contract and there is a current price for the goods, a party may claim damages in the form of a difference between the price, The current price is the price normally charged in comparable circumstances for similar goods at the place where the goods were to be sold. If there is no current price in this place, the current price applied elsewhere, which may be a reasonable substitute, may be used, depending on the difference. 4. Satisfying the requirements of paragraphs 1.2 and 3 of this article shall not exempt a party that has failed or failed to fulfil its obligation from: Compensation for other damages suffered by the other party under articles 15 of the present Code.