The right of redemption entitles the seller to repurchase, at a given time and under specified conditions, a property that they have sold.

The right of redemption can be negotiated at the land register for a maximum period of 25 years.

Unless agreed otherwise, the right of redemption is able to be inherited but not assigned.

Other legal definitions

• Right of purchase
• Right of emption
• Right of pre-emption
• Donation, Exchange, Estate distribution
• Acquisition of property by operation of law
• Land properties
• Co-ownership share
• Right of land occupancy
• Land register
• Real estate collateral
• Statutory mortgages