RFBT3
itself. Mag expect nga ma claim ang
Session 2
Seatworks tomorrow 10 questions only LMS
1460
Determinate thing
- A time where a contract entered into
- Thing must be present
Requisite:
1. At the time the contract is entered into.
The thing is capable of being made
2. There is no necessity of a new further
agreement between the parties
1461
Things having a potential existence may be the
object of the contract of sale
Thing – future existence such as anak sa
baboy/ manok pwede ma object as a contract
of sale
2nd paragraph
Mere hope or expectancy – you will exchange
ang lotto ticket kay nay mere hope of
expectancy
rd
3 . paragraph not allowed
Such as ticket nga nahuman na ang raffle draw
o ang lotto gi draw na last night because there
is no hope na. that kind of oobject is not
allowed therefore its void
LATIN
Incura…
The sale of the thing with a potential existence
nga gi mention sa 1st paragraph. A thing will
exist, if cannot there is no object
Imcumsae?
- In the paragraph 2 gi sale is the HOPE
price.
As a general role:
A person cannot convey he doesn’t have
art. 1461 is the exception. Having a
potential investment. Like future thing
pwede e sell
1462
The goods which form the subject of a
contract of sale may be either goods,
owned or possessed by the seller, or goods
to be manufactured, raised, or acquired by
the seller
1463
The sole owner of a thing may sell an
undivided interest therein
What if ang sole owner mamatay?
Dapat as a responsible buyer imo sha ipa
sub divide ang property. E respect sa ears
ang contract of sale and maghati sila
1464
Fungible goods - goods that are
If mo buy si buyer ug fungible he becomes
the owner in common but as to a fraction
only.
Ex: if the seller less than ang nabaligya si
buyer tag iya sya sa tanan ug tagaan sya ni
seller sa kulang
1465
Things subject to a resolutary condition may
be the object of the contract of sale
Resolutory condition a condition upon
fulfilment. A conditional obligation
Ex: f and b entered into a contract within
one year the seller deliver the parcel of
land. Ang condition is wether f repurchased
the land. If ma palit iya balik ma balik sila sa
ilang status. But in the meantime f d pa e
repurchased. Si buyer pwd niya e sell ang
property to 3rd person
1466
Take note:kung ang contract nay
characteristic. Sabton nimo ang whole
instruments.
Contract of sales
Si buyer makadawat sa goods as long as
makabayad siyas price
2 person involved
Seller, and buyer
The buyer as general role cannot uli the
Contract of agency
Nay agent. Ang agent dili owner sa property
kundi ang owner. The agent received only
the goods to deliver sa buyer.
The seller, the agent, the buyer
Seller contakon si agent para si agent mo
sell sa property. Si agent is only the holder
of the property and not the owner
Wa siyay kapasitti to trnser the ownership
Pwede e uli ni agent ang propertysa owner
1467
Be careful
If special order not for the general market
kay contract of the piece of work na
General market – contract of sale
1468
Si seller gibaligya ang property resort for
1M. Si buyer paliton. But ang payment kay
sakyanan nga 500k ug kwarta 500k. so
dapat e characterize ang intention sa
parties if SALE or BARTER pero if wala.
Kay sa LAW
If ang value of the thing is more than sa
money it is a barter if the value is equal to
or less than of the amount of money so it is
a sale
Dacion en pago = obligation nimo to
mohatag in kind. Nay pre-existing obligation
1469
Incase lang jud if ang parties wala
nagkasinabot sa price
THE PRICE MUST BE CERTAIN.
3rd person? Walay labot sa contract
Kailangan mag agree ang party sa price
If acted in bad faith, the court may fix the price.
Buyer who is at fault should be liable for
damages if naka cause siyag damages sa
seller
Essential elements
Consent dapat nay object and cause is price
and price should be real and certain and nay
equivalent into money since money man ang gi
hisgutan. And kailananga mag agree ang both
parties unsay mode of payment
ART. 1470
Inadequate ang price nga gi offer
If gihadlok or insane ang seller d maka affect
sa sale
Nay pprice pero ang price kay dili saktong
presyo sa standard of sale VALID
Valid? Ngano? Bec. Nay consideration. While
sa Art. 1471 walay consideration
1471
Ang price nga gi discuss is simulated. If
simulated is VOID. WALAY CONSIDERATION
meaning kulang ang element sa contract of
sale
Simulated= not real or wala ni existing
1472
Ang price kay para sa mga commodities. 1478
1473 The parties may stipulate that ownership in the
thing shall not pass to purchase
Take note: ang fixing sa price dili pwede of one
of the contracting paty. Dapat nay consent sa Pwede e stipulate nga d ma pass ang butang
other person. until e fully paid the price.

1474 Unsay buhaton sa uban? Para d ma transfer

dayon?
In general nani sha. If d jud nimo ma determine
ang presyo sa imo gi baligya sa 1471, 1472, Contract to sell first then absolute contract of
1473 nya nabaligya ug na deliver na. The sale na.
buyer must pay a reasonable price therefore. 1479
1475 If nag promise to sell and then promise to buy
Take note: kanus.a ma perfected ang contract then maka demand na to pay and deliver but in
of sale? the second paragraph

At the moment there is a meeting of mind upon Consideration distinct from the price is an
the thing which is the object of the contract and OPTION
upon the price. From that moment, the parties 1480
may reciprocally demand
Kung ang object mawala kinsay mo bear sa
1476 law? Si seller
TAKE NOTE SA #2 Nawala after delivery? To the buyer na kay
Naay separate contract of sale naan a ang thing

Nus.a ma perfected if auction sha? After perfection but before delivery? Si buyer
na ang mo bear sa loss
Gi accept na ang bid and by the fall of the
hammer 1481
1477 Sale by sample and sale by description

The ownership of the thing sold shall be 1482 #

transferred to the vendee upon actual or EARNEST MONEY shall be considered as part
constructive delivery thereof. of the price
IMPORTANT:
1483
General rule: nga ang ownership sa ig baligya
Contract of sale may be made in writing or by
nimo ma transfer sha upon actual delivery
word of mouth, or partly in writing and partly by
The non-payment of the price the vendor word of mouth
(seller) cannot recover the thing even the
Except: Statute of Frauds
vendee payed in full since the transfer naman
sha 1. Sale of real property d pwd word of
mouth
Shall and it’s a must
 2. Not less than 500 pesos pwede ra in
mouth
3. Above 500 pesos pwd na in writing
4. Sale of the property within a year dapat
in writing para ma inforce
Ex: I will sell my car next year
Pwede in writhing and in mouth pero dili
sha enforceable
1484
Sale of personal property payable in
installment
Remedies: if d
1489 ALL PERSON nay exception: katong
person nga nay absolute capacity and relative
capacity (
1490 d pwd e sell ang property sa husband to
wife and vice versa
PRE-EMPTION
- right oof purchasing before others, which is
exercised before the sale or resale against the
would-be vendor
REDEMPTION

1. Exact fulfillment of obligation dapat exercised after the sale against the vendee
kolektahon ang bayad if mo fail sa
bayad sa duedate
Ex: baligya kag aircon in installment ex. 1604 also apply to a contract purporting to be
Si buyer wala kabayad sa installment an absolute sale
unsay remedy ni seller? E contact ni
buyer
2. E cancel ang sale if pila na ka 1600:
installment ang wa nabayran
Sale are extinguished:
3. E foreclosed ang mortgage in case wala
sha kabayad 2 or more installments. by the same causes as all other obligations
>>> COMMON
1485
by those stated in the preceding articles of this
Contracts purporting to be leases of personal
Title, and >>> SPECIAL
property
by conventional or legal redemption >>>
Personal properties
EXTRA-SPECIAL
1486
Installments or rents paid shall not be returned 1616
to vendee
IN CASE OF REAL PROPERTY shall not be
1487 recorded in the registry of property without a
judicial order, after the venodr has been duly
The expenses for the execution and
heard
registration of the sale shall be borne by the
vendor, unless there is a stipulation to the
contrary
1624
1488
assignment of credit
The expropriation of property for public use is
ang object ang credit
governed by special laws
right dili nimo makita
1625
immovable e record sa registry
personal property kay public intruments is
required
LOAN - REAL CONTRACT
- UNILATERAL
SALE - CONSENSUAL
- BILATERAL
- naay money involve

DEPOSIT
- KEEP THE OBJECT SAFE
- THING
DEPOSITORY

COMMODATUM
- Walay money involved
- perfected by delivery
- principal / can stand alone
- gratitous contract
KINDS:
- ordinary (naay certain period of time)
-Pecarium (walay duration and demandable)

PERSONAL IN CHARACTER
- kung kinsay nagkasinabot, effective ra ang
contract nila