Civil Code (Cap. 16), article 518

518. (1) A sale by licitation which takes place with the consent of all the co-owners, is not subj ect to any formality, and may be made by means of any person and in whatsoever manner the co- owners may agree upon; but in any such case there is no sale un til the highest bid has been accepte d and, if the licitation is in respect of immovable property, until a contract is made by means of a public deed. (2) The same rule shall apply where, although the sale by licitation has been ordered by a judgment, the p arties agree to carry it out in a manner other than tha t established for judicial sal es by auction. even, in certain cases where one of the co-owners is subject to tutorship. Amended by: XIII.1983.5; L.N. 407 of 2007.