Preemption Right (Right of First Refusal)

In shared ownership, if a co-owner sells their share in the immovable property to a third party, it is the legal right granting the other co-owners the authority to purchase that share first under the same conditions. In exercising the preemption right, a lawsuit must be filed within 3 months from the date of notification to the buyer via notary public, and in any case within 2 years from the sale.