Argentina (AR) — civil law.
Nothing on this page describes United States practice. There is no certificate sold to an investor, no administrative sale of land for unpaid tax, and no redemption window after a
subasta judicialin Argentina. If you arrived carrying US assumptions, read falsos-amigos first.
Buying machinery at a forced sale
Machinery at Argentine forced sales falls into two legal worlds. Self-propelled
agricultural, road and industrial machines made or imported from 1 December 1997 are
automotores registrable at the DNRPA: you check the folio, the court sends an
oficio, the registry inscribes you (maquinaria-registrable). Everything
else — fixed plant, towed implements, older self-propelled machines with no folio — is a
cosa mueble no registrable: you become owner by tradición and good-faith possession
(CCyC arts. 1892, 1895), and your protection against a hidden registered pledge is a
24-hour certificate from the Registro de Créditos Prendarios (Ley 12.962 arts. 19,
35) (bienes-muebles-no-registrables). In both worlds the goods come as they
stand, with no damages claim for defects after a judicial or administrative auction
(CCyC art. 1040 d), and in national courts the default is a sale without base and for
cash (CPCCN art. 573).
The steps below are the order that avoids the expensive mistakes: identify what you are buying, which sale you are in, whether the debtor really owned it free of others’ rights, what it will cost on the floor of your own plant, and only then bid.
Read the rest with a free account
The opening section is open to everyone. The procedure in detail — statutes, deadlines, who may bid, and what the record does not say — is behind a free account.
We ask for one because writing these from primary sources is slow work, and knowing who relies on it tells us which country to do next.
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