Any disposition for the transfer of ownership of the business assets or the creation of a right in rem thereon shall be attested or notarized by the Notary Public, as per the procedures set by the competent authority, and shall be recorded in the commercial register, otherwise it shall be null and void. A disposition shall include the following data: 1. Names of the contracting parties and their nationalities and place of residence. 2. Date and type of disposition. 3. Type and address of the business assets and those elements agreed to be covered by the disposition. 4. Price of tangible and intangible elements, each of them being separate, if the disposition is a sale, the paid portion of the price, upon the conclusion of the contract, and the method of payment of the balance. 5. Special conditions as set out in the contracts and undertakings (if any) pertaining to the business assets. 6. Conditions concerning the seller's right to rescission, termination or lien (if any).
Interpretation and application must be checked against the official text and current version.