State Act

Portuguese Civil Code, 1867

Article 1688 – Right of Reduction – If by force majeure or fortuitous circumstances, the emphyteutic property is destroyed or rendered useless only in part in such a way that its value becomes less than what was at the time of emphyteusis, the holders may apply that the owner reduces the emphyteutic fee or rescind the lease if he opposes the reduction. § Sole paragraph - This provision is not applicable when the destruction is due to fire in insured properties.