Professional Documents
Culture Documents
Sales and Lease
Sales and Lease
4. Kinds of Sale
a. Absolute
b. Conditional
III. PRICE
Cases: Lloyd’s Enterprises and Credit Corp. vs. Dolleton 555 SCRA 143
Sanchez vs. Rigos, G.R. No. L-25494, June 14, 1972
Riviera Filipina, Inc. v. CA et. al., GR No. 117355, April 5, 2002
Paranaque Kings Enterprises, Inc. v. CA. GR No. 111538, February 26, 1997
1. Preservation of the object of sale (NCC Art. 1163) see also Art. 1164, 1165, 1170,
1173
2. Transfer of ownership and delivery of the object (Art. 1477)
a. Concept of delivery or tradition
Cases: Daus v. Sps. De Leon, GR No. 149750, June 16, 2003
Sampaguita Pictures, Inc. v. Jalwindor Manufacturers, Inc., GR No. L-43059,
October 11, 1979
Norkis Distributor, Inc. v. CA, G.R. No. 91029, February 7, 1991
Cases: Ten Forty Realty v. Cruz, G.R. No. 151212, September 10, 2003
Rudolph Leits, Inc. vs. CA, 478 SCRA 451
Raymundo De Leon vs. Ong, G.R. No. 170405, 2 February 2010
Asset Privatization Trust vs. TJ Enterprises, G.R. No. 167195, 8 May 2009
Cases:
Consolidated Rural Bank of Cagayan Valley v. CA, G.R. No. 13216, January 17, 2005
Martinez v. CA, GR No. 123547, May 21, 2001
Fudot v. Cattleya Land Inc., GR No. 175942, September 13, 2007
Amancio et al. vs. CA et. al., G.R. No. 152627, September 16, 2005
Mercado v. Allied Bank, GR No. 171460, July 27, 2007
Amancio v. CA, GR No. 152627, September 16, 2005
Gabriel v. Mabanta, GR No. 142403, March 26, 2003
Leoncio and Barrera vs. CA, et al., G.R. No. 123935, 14 December 2001
De Leon vs. Ong, G.R. No. 170405, 2 February 2010
San Lorenzo Development Corporation vs. CA, G.R. No. 124242, 21 January 2005
Case: Bricktown Dev’t. Corp. v. Amor Tierra Dev’t. Corp., G.R. No. 112182,
December 12, 1994).
Cases: Southern Motors Inc. v. Moscoso, G.R. No. L-14475, May 30, 1961
Nonato v. IAC, G.R. No. L-67181, November 22, 1985
Borbon II v. Servicewide Specialist, Inc., G.R. No. 106418, July 11, 1996
Magna Financial Services Group, Inc. v. Colorina, G.R. No. 158635,
December 9, 2005
1. Common Causes
2. Special Causes
3. Extra-special causes
▪ Definition
▪ Distinguished from option to purchase
▪ Period of redemption (NCC Art. 1606)
▪ Effect when no redemption is made
b. Right of the parties to the fruits of the land (NCC Art. 1617)
c. Right of vendor a retro as to charges/encumbrances (NCC Art. 1618)
d. Legal Redemption (NCC 1619-1623)
1. Concepts
2. Excluded Cases of Assignment (NCC Art. 1635)
3. Perfection (NCC Arts. 1624-25)
4. Effects of Assignment (NCC Arts. 1626-27)
5. Warranties of Assignor (NCC Arts. 1628-29)
6. Special Rules
a. Assignment of Sale of Inheritance (NCC Arts. 1630-33)
b. Assignment of incorporeal right under litigation (NCC Art. 1634)
XIII. BARTER
XIV. BULK SALES LAW (Act. No. 3952)
XV. RETAIL TRADE LIBERALIZATION ACT (R.A. 8762)
XVI. LEASE
d. Sublease
Case: Jespajo Realty v. CA, G.R. No. 113626, September 27, 2002.