- Statute
- Civil Code
- Article
- Art. 1606
- Topic
- Extinguishment of Sale
- Status
- In force
- 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
- Cited by
- Multiple Supreme Court decisions
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
- Inocente Leonardo v. Court of Appeals G.R. No. 82457
- Saturnino Songcuan v. Hon. Intermediate Appellate Court G.R. No. 75096
- Froilan Dala v. Editha A. Auticio G.R. No. 205672
- Cebu State College of Science v. Luis S. Misterio G.R. No. 179025
- Victoria Claravall v. Ricardo Lim G.R. No. 152695
Other Supreme Court decisions also apply this article.
Related provisions in this Chapter
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