1. Purpose & Acceptance
These terms govern the sale of land assets and related verification services provided by Capital Foncier SARL (RCCM Abidjan, registered office in Cocody, Côte d’Ivoire). Acceptance occurs upon signature of the corresponding contract.
2. Cooling-off Period (14 days)
The buyer benefits from a 14-day cooling-off period from the contract signing date. The right is exercised by registered letter or e-mail with acknowledgment.
3. Refund Commitment (under conditions)
Capital Foncier provides a refund commitment, distinct from any insurance or financial guarantee product, applicable in the seven (7) trigger cases listed in Annex I.
Detailed scope, exclusions, ceilings and duration are specified in Annex I (under finalization).
4. Notarial Escrow
Funds are held in escrow with a CARPA-registered notary until the conditions of release defined in the contract are met (transfer of ownership, removal of customary rights, publication of the Land Title in the Land Registry).
5. Payment Terms
Payments are made by bank transfer to the notary’s CARPA account. Instalment plans (“facilités de paiement”) may be granted under the conditions specified in the contract; they are not credit transactions and do not constitute banking financing.
6. Confidentiality & Personal Data
Personal data is processed in accordance with Ivorian Law No. 2013-450 on personal data protection and, where applicable, the EU GDPR. See our Privacy Policy for full details.
7. Force Majeure
Neither party shall be liable for failure to perform due to events beyond reasonable control (acts of public authority, natural disasters, civil unrest, blocked administrative procedures).
8. Governing Law & Arbitration
These terms are governed by Ivorian law and applicable OHADA Uniform Acts. Any dispute is submitted, after a mandatory amicable phase, to arbitration under the rules of the Common Court of Justice and Arbitration (CCJA) of OHADA, seat Abidjan, language French. See Annex II.
Annexes
- Annex I — Detailed refund commitment trigger cases (7 cases, scope, exclusions, ceilings).
- Annex II — OHADA arbitration agreement (CCJA), procedural rules, costs.
Annexes are being finalized with our Ivorian counsel and will be published as a separate downloadable PDF.