II Of Transfers of Property by Acts of PartiesVerified
Where immoveable property is transferred for consideration, and such property or any part thereof is at the date of the transfer insured against loss or damage by fire, the , in case of such loss or damage, may, in the absence of a contract to the contrary, require any money which the transferor actually receives the , or so much thereof as may be necessary, to be applied in reinstating the property.