- Statute
- Philippine Civil Code
- Article
- Art. 1478
- 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
- Multiple Supreme Court decisions
The provision
The parties may stipulate that ownership in the thing shall not pass to the purchaser until he has fully paid the price. (n)
Intellegal Wiki · In plain terms
The seller and buyer are free to agree that ownership of the thing sold will not pass to the buyer until the full price has been paid. Until then, title stays with the seller despite delivery.
An editorially maintained plain-language explanation of this provision — not legal advice.
Cases applying this article
- Faustino Lichauco v. Jose Berenguer G.R. No. 11907
- Bank of the Philippine Islands As Successor-In-Interest of Far East Bank v. Smp G.R. No. 175466
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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 Provisions may have been amended or repealed.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.