Section II Exchange

Article 482

Exchange is a contract by which the contracting parties mutually bind themselves to transfer to the other by way of exchange the ownership of a thing other than money.

Article 483

If the things exchanged have different values in the estimation of the contracting parties, the difference may be compensated by the payment of an equivalent sum of money.

Article 484

In the absence of an agreement to the contrary, the principal and incidental expenses of a contract of exchange shall be borne by the parties in equal shares.

Article 485

The provisions governing sale apply to exchange as far as the nature of exchange allows. Each one of the exchanging parties is deemed to be the vendor of the thing given by him in exchange and the purchaser of the thing received in exchange.