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ten years. If a longer period is fixed, it is to be reduced to ten years.

If a period for the repurchase has been fixed, it cannot be afterwards extended.

If no period is fixed, the repurchase must be made within five years.

581.

A right of repurchase which has been registered together with the contract of sale is valid even against third persons.

The registered right of a lessee can be set up against the original seller only for one year of its remaining duration, and not even for that, if it was registered for the purpose of injuring the seller.

582.

If a creditor of an original seller proceeds to make the repurchase in his place under the provisions of Art. 423, the buyer may extinguish the right of repurchase by performing the obligation of the seller up to such amount as remains after deducting the amount to be repaid by the seller from the actual value of the immovable as assessed by an expert appointed by the court, and by repaying the surplus, if any, to the original seller.

583.

If the seller does not tender the price and the expenses of the sale within the period of repurchase, he cannot afterwards repurchase.

If the buyer or a subsequent acquirer has made expenditures upon the immovable, the original seller must make reimbursement for them according to the

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