But, in the two former cases, neither of the Contracting parties can
by any means at his own option recede from the Agreement, unless for
some just and reasonable cause; as, if the terms of the contract were,
that either of the parties may with impunity retract within a certain
period; then, indeed, either party may within the period prescribed
avail himself of the terms of the Contract and recede, without being
liable to any penalty: since it is, generally speaking, unquestionable
that, _Conventio legem vincit_.[397] Besides, if the Vendor sold the
thing to the Purchaser as being sound and without fault,[398] and
the Purchaser can afterwards satisfactorily shew, that the thing at
the time of the contract was not sound, but faulty, then, indeed,
the Vendor shall be compelled to take back his property. But it is
sufficient, if the thing was in a proper state, at the time of the
Contract, whatever may afterwards happen to it. But I doubt, as to the
period within which this should be proved, or complaint made concerning
it, especially where there is no special Agreement. Where, however,
Earnest only has been given, if the Purchaser would recede from the
Contract, he may do so, with the loss of the Earnest. But if, in such
case, the Vendor would retract, it is a question whether he can do
so without incurring a penalty.[399] It does not seem that he can;
because he would then be in a better situation than the Purchaser.
But, if it cannot be done with impunity, what punishment shall such
conduct incur?[400] The risk of the thing sold and purchased generally
belongs to the person who has possession of it,[401] unless it has been
differently arranged.
[Footnote 397: _Pactum enim legem vincit._ (LL. Hen. 1. c. 49.)
“Contracts legally made have the force of Law between those who have
made them.” (Code Napoleon s. 1134.)]
[Footnote 398: If, says a Law of Ina, a person has purchased any thing,
and, within thirty days, discover it to be defective, he may restore
the thing to the hands of the Vendor, unless the latter will swear,
that he knew of no defect in it at the time he sold it. (LL. Inæ. c.
56.)]
[Footnote 399: In Bracton’s time the Vendor forfeited double the
Earnest—a rule according with that of the Roman code. (Bracton 62. a.)]
[Footnote 400: “_Double the Earnest_” was to be forfeited by him
according to the Reg. Maj. (L. 3. c. 10.)]
[Footnote 401: _Quia re vera qui rem emptori nondum tradidit adhuc
ipse dominus erit._ Hence—_Si post emptionem ante traditionem fundo
vendito aliquid per alluvionem vel alio modo accrevit quod commodum ad
venditorem pertinebit._ (Bracton 62. a.)]
CHAP. XV.
The Vendor and his Heirs are bound to warrant the thing sold to the
purchaser and his Heirs, if the thing be an immoveable; and hence, the
Purchaser[402] and his Heirs may be sued in the manner we have formerly
explained, in treating of Warranties.
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