Repurchase sales are particularly aimed at people in financial distress. This sales solution is particularly suitable for people who no longer obtain bank credit or who are already in a situation of bank overindebtedness, and who are therefore on file with the Banque de France. They thus contract what we call debt. for sale has repurchased. Both natural and legal persons can resort to repurchase sales. These may be simple individuals, companies, liberal professions, traders, craftsmen, etc.

Its principle is simple: it is a sales contract in which the seller transfers ownership of his property to the buyer, while stipulating in the contract that he reserves the right to take back the item sold, subject to restitution of the main prize and reimbursement of certain costs. The latter are the fair costs of the sale, the necessary repairs carried out by the buyer, the expenses that the latter incurred and which made it possible to increase the value of the property. Although repurchase can be used for the sale of movable property, it is mainly found in real estate matters. The repurchased sales contract is a sales contract with the option of repurchase. This must be exercised by the seller within a maximum period of 5 years, or 60 months. If you fail to exercise your repurchase option within the allotted time, your repurchase option becomes void. This type of sale amounts to a sale subject to resolutory conditions. Indeed, if the seller exercises his right to repurchase within the prescribed period, the sale is retroactively canceled and the parties are returned to the state prior to the sale.

This is a particular method of selling; owners often use it when they have to deal with financial problems that they hope will be temporary. This avoids making an outright sale, a dangerous solution for owners who do not want to part with their property. The main advantage is therefore an immediate provision of liquidity, but be careful not to be too optimistic: there is always a risk that your plans will not go as planned and that you will find yourself unable to proceed with the redemption. In this case, you lose the property.
It’s a way to get money when you don’t have access to traditional credit. On the other hand, this type of operation benefits from great ease, but above all from unparalleled discretion. You can carry out your transactions without anyone knowing. You sign your sales contract with a perfect guarantee that your property will not be exposed to prying eyes.
With this system, you do not have any other additional debt. In addition, no other price supplement is requested from you outside of the contract. In addition, you will not fear any lawsuits or receive additional bills. Everything takes place in the utmost legality and transfers are made within very short deadlines.

To benefit from the repurchase sale service, you must have a vehicle or property that legally or legally belongs to you.
You must have all the papers attesting to this and have a photocopy legalized at the Supreme Court or the Cotonou Court of your valid identity document.
You can also contact Cash Money Group for more information and about registration details.