Civil Code Art. 1470: Nature and Form

Statute: Civil Code
Article: Art. 1470
Topic: Nature and Form of the Contract
Status: In force
Book: BOOK IV Obligations and Contracts
Title: TITLE VI SALES
Chapter: CHAPTER 1 Nature and Form of the Contract
Year: 1949
Cited by: A Supreme Court decision

The provision

Gross inadequacy of price does not affect a contract of sale, except as it may indicate a defect in the consent, or that the parties really intended a donation or some other act or contract. (n)

Intellegal Wiki · In plain terms

A grossly low price, by itself, does not invalidate a sale. It matters only when it points to a defect in consent, or shows that the parties actually meant the deal to be a donation or some other kind of agreement rather than a genuine sale.

An editorially maintained plain-language explanation of this provision — not legal advice.

Cases applying this article

Spouses Bernardo Buenaventura v. Court of Appeals G.R. No. 126376

Related provisions in this Chapter

Civil Code, Art. 1469 Nature and Form of the Contract
Civil Code, Art. 1471 Nature and Form of the Contract
Civil Code, Art. 1468 Nature and Form of the Contract
Civil Code, Art. 1473 Nature and Form of the Contract
Civil Code, Art. 1467 Nature and Form of the Contract
Civil Code, Art. 1474 Nature and Form of the Contract
Civil Code, Art. 1466 Nature and Form of the Contract
Civil Code, Art. 1465 Nature and Form of the Contract

Civil Code, Art. 1470 is found in CHAPTER 1 Nature and Form of the Contract of TITLE VI SALES of BOOK IV Obligations and Contracts of the Civil Code of the Philippines (Republic Act No. 386).

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Reviewed by the Intellegal Legal Team for currency against amending laws and Supreme Court jurisprudence.

Research aid — not legal advice. Verify the current text against the Official Gazette. Provisions may have been amended or repealed. Using this page creates no attorney-client relationship. For legal advice, consult a Philippine lawyer.