Civil Code Art. 1606: Extinguishment of Sale

Statute: Civil Code
Article: Art. 1606
Topic: Extinguishment of Sale
Book: BOOK IV Obligations and Contracts
Title: TITLE VI SALES
Chapter: CHAPTER 7 Extinguishment of Sale
Formerly: Art. 1508a of the old Civil Code
Year: 1949

The provision

The right referred to in article 1601, in the absence of an express agreement, shall last four years from the date of the contract. Should there be an agreement, the period cannot exceed ten years. However, the vendor may still exercise the right to repurchase within thirty days from the time final judgment was rendered in a civil action on the basis that the contract was a true sale with right to repurchase. (1508a)

Cases applying this article

Solid Homes v. Hon. Court of Appeals G.R. No. 117501
Maxima P. Saclolo v. Romeo Marquito G.R. No. 229243
Heirs of Antero Soliva v. Severino G.R. No. 159611

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