Salymar V.

Santos, Juris Doctor

Legal Services Supervisor
Alburo Alburo & Associates Law Offices
CONTRACTS
 Article 1305 of the New Civil
Code of the Philippines
A contract is a meeting of minds
between two persons whereby one
binds himself, with respect to the
other, to give something or to render
some service.
 Article 1305 of the New Civil
Code of the Philippines
A contract is a meeting of minds
between two persons whereby one
binds himself, with respect to the
other, to give something or to render
some service.
ORAL AGREEMENTS
ORAL AGREEMENTS
 Article 1356 of the New Civil
Code of the Philippines
Contracts shall be obligatory, in
whatever form they may have been
entered into, provided all the essential
requisites for their validity are present.
 Article 1318 of the New Civil
Code of the Philippines
There is no contract unless the following
requisites concur:
(1) Consent of the contracting parties;
 Article 1318 of the New Civil
Code of the Philippines
There is no contract unless the following
requisites concur:
(1) Consent of the contracting parties;
(2) Object certain which is the subject matter
of the contract;
 Article 1318 of the New Civil
Code of the Philippines
There is no contract unless the following
requisites concur:
(1) Consent of the contracting parties;
(2) Object certain which is the subject matter
of the contract;
(3) Cause of the obligation which is
established
IN WRITING
DONATIONS INVOLVING REAL
PROPERTY
DONATIONS INVOLVING PERSONAL
PROPERTY - AMT. Php 5,000 & ABOVE
CONTRIBUTION OF REAL PROPERTY
TO PARTNERSHIP
CONTRACT OF ANTICHRESIS
AGENCY TO SELL REAL PROPERTY &
INTEREST THERETO
SALE OF LARGE CATTLE
 ALL CONTRACTS
SHALL BE WRITTEN
IN ORDER TO BE
VALID.
 ALL CONTRACTS
SHALL BE WRITTEN
IN ORDER TO BE
VALID.
CONTRACTS

FORCE OF LAW
GOOD FAITH
WRITTEN CONTRACTS
Proof of details of the transaction
especially as to the terms and
conditions.
 Prevention of
misunderstanding
Provides security and peace of
mind.
 Article 1370 of the New Civil
Code of the Philippines
If the terms of a contract are clear and
leave no doubt upon the intention of
the contracting parties, the literal
meaning of its stipulations shall
control.
To guarantee confidentiality.
Protection of rights and
interests.
ISULAT MO!