The practical effects of the legal nature of the limited liabThe practical The practical effects of the legal nature of the limited liability company under law 15/20

Abstract

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Abstract: The design sale contract is one of the most recent contracts enacted by the Algerian legislator, It is a direct application of the text of Article 92 of the Civil Code, this formula imposed by the housing crisis due to the lack of financial means It allowed the real estate promoter to participate in financing his project with the owners, banks, and the state also in the case of subsidized programs. It is well known that such contracts whose bulding is not available at the time of the contract it is considered a risk, due to the many dangers that surround it, to avoid these risks and the establishment of a type of contractual credit, the Algerian legislator has tried to provide many guarantees by the terms of the design sale contract, intending to bring about a nodal balance by introducing two types of guarantees, they are legal and contractual guarantees. Keywords: Design Sale Contract, Contractual guarantees, Nodal balance, Real estate upgrade.