Civil Transactions Law

1. The lender is not bound to warrant the borrowed property nor warrant such property against any defect; he shall, however, be liable for any harm the borrower sustains due to the deliberate concealment of the existence of issues relating to ownership or the existence of defects or due to warranting Civil Transactions Law the absence of such issues or defects. 2. If the borrowed property while in the possession of the borrower is established to be owned by a third party, the borrower’s obligation to return to the lender a property of the same kind shall be waived. 3. If a defect is found in the borrowed property and the borrower decides to keep said property, he shall only return the value of such property in its defective condition.