Article 587. Providing for the payment of rent.
1. When transferring land rent or other immovable property under payment of rent, the recipient of the rent shall acquire the right of pledge to this property as security for the obligation of the rent payer. 2. The essential condition of a contract providing for the transfer of a sum of money or other movable property for the payment of rent is a condition that establishes the obligation of the rent payer to provide security for the fulfillment of its obligations (Article 329) or to insure in favor of the recipient the risk of liability for failure to fulfill or improper performance of these obligations. 3. If the rent payer fails to fulfill the obligations stipulated in paragraph 2 of this article, as well as in case of loss of security or deterioration of its conditions due to circumstances for which the recipient is not responsible, the rent recipient has the right to terminate the contract of rent and demand compensation for damages caused by the termination of the contract.
References to other articles of chapter 33. Rent and life maintenance with a dependency: