Article 253. Possession, use and disposal of jointly owned property.
1. Participants in joint ownership, unless otherwise provided by agreement between them, jointly own and use common property. 2. The disposal of jointly-owned property is carried out with the consent of all the participants, which is assumed regardless of which of the participants makes the property disposal transaction. 3. Each of the participants in joint ownership shall have the right to conclude transactions for the disposal of common property, unless otherwise following from the agreement of all participants. A transaction made by one of the participants in joint ownership related to the disposal of common property may be invalidated at the request of the other participants on the grounds that the participant who made the transaction does not have the necessary authority only if it is proved that the other party knew or knew know about it. 4. The rules of this Article shall apply to the extent that, for certain types of joint ownership, this Code or other laws do not provide otherwise.
References to other articles of chapter 16. Shared ownership: