Vente A Remere

In French law. A sale made, reserving a right to the seller to repurchase the property sold by returning the price paid for it. The term is used in Canada and Louisiana. The time during which a repurchase may be made cannot exceed ten years, and, if by the agreement it so exceed, it shall be reduced to ten years. The time fixed for redemption must be strictly adhered to, and cannot be enlarged by the judge, nor exercised afterwards. Civ. Code La. arts. 1545- 1549. The following is an instance of a vente a remere. A. sells to B. for the purpose of securing B. against indorsements, with a clause that "whenever A. should relieve B. from such indorsements, without B.'s having recourse on the land, then B. would reconvey the same to A. for A.'s own use." This is a vente a remere, and until A. releases B. from his indorsements, the property is B.'s, and forms no part of A.'s estate. 7 Mart. (La.; N. S.) 278. See 1 Mart. (La.; N. S.) 528; 3 La. 153; 4 La. 142; Tropl. Vente, c. 6; 6 Tou Uier, Dr. Civ. p. 257.