This document discusses parties involved in delivery obligations and when delivery must be made. Generally, only the debtor and creditor can be compelled to perform and accept performance. Delivery may be made by an authorized representative of the creditor. Delivery must be made upon fulfillment of the obligation's purpose in pure obligations. Delivery time depends on whether there is a stipulated condition or term. A condition refers to an uncertain event, while a term refers to a certain time period. Failure to deliver on the prescribed time results in a breach. Delivery can be actual physical transfer or constructive, such as symbolic tradition, tradition by pointing out, or tradition of existing possession.
This document discusses parties involved in delivery obligations and when delivery must be made. Generally, only the debtor and creditor can be compelled to perform and accept performance. Delivery may be made by an authorized representative of the creditor. Delivery must be made upon fulfillment of the obligation's purpose in pure obligations. Delivery time depends on whether there is a stipulated condition or term. A condition refers to an uncertain event, while a term refers to a certain time period. Failure to deliver on the prescribed time results in a breach. Delivery can be actual physical transfer or constructive, such as symbolic tradition, tradition by pointing out, or tradition of existing possession.
This document discusses parties involved in delivery obligations and when delivery must be made. Generally, only the debtor and creditor can be compelled to perform and accept performance. Delivery may be made by an authorized representative of the creditor. Delivery must be made upon fulfillment of the obligation's purpose in pure obligations. Delivery time depends on whether there is a stipulated condition or term. A condition refers to an uncertain event, while a term refers to a certain time period. Failure to deliver on the prescribed time results in a breach. Delivery can be actual physical transfer or constructive, such as symbolic tradition, tradition by pointing out, or tradition of existing possession.
A project owner/ developer B supplier WHEN MUST DELIVERY MUST BE MADE:
of materials Absence of Stipulation creditor can demand ANYTIME provided that there is a sufficient time to fulfill the GEN. RULE: obligation In Pure Obligations the delivery Only Debtor and Creditor can be must be made upon the Fulfillment of compelled to Perform and to Accept the Purpose of the Obligation respectively the Performance of the Obligation To deliver the certificate of title in the Delivery and Acceptance by OTHER name of the buyer 4 months from the person perfection of the contract BREACH o CONDITIONAL Upon release of loan EXCEPTIONS: o TERM on March 1, 2016
1) Delivery by the creditor may be made If there is a STIPULATED CONDITION
by a DULY AUTHORIZED o Delivery or performance shall REPRESENTATIVE valid be made on the happening of o Those empowered by a contract the condition o SPA duly notarized to bind Condition is always an the grantor and agent and 3rd uncertain event parties TERM stipulation of Period o Delivery shall be made only The authority may come from a after the Expiration of the Judicial Appointment period of term o As the Guardian for the insane debtor or creditor 2) By Subrogee by SUBROGATION or Substitution. DIFFERENCE OF CONDITION AND A TERM o Subrogation applies to the - Condition Uncertain Creditor - Term of Period Certain event o When another acquires the o Exclude the 1st day, include the Right of the Creditor thru last day Subrogation o In case of Substitution, when another duly acquires the Duty of the Debtor If the delivery or the performance is There is a CHANGE in the Identity of not made at the prescribed or the Parties stipulated time a BREACH occurs. o Implies that when the obligation was created and up to the time when the obligation is to be HOW TO DELIVER fulfilled there is a change in the parties 1) Actual delivery actual physical Subrogation and Substitution are transfer of movable property called NOVATION in the Obligation 2) Constructive delivery a. Traditio Symbolica Owner becomes a mere b. Traditio Longga Manu what is tenant pointed out is what is delivered Change of character of If the object of the possession delivery is LAND, the Meets and Bounds must be Specific Must be accompanied Registered Land its the registration in the name of the buyer that completes the with the technical delivery and ownership description of the land itself in order to effect Unregistered land execution of Deed of the transfer of the Sale is sufficient form of constructive certificate of title delivery c. Traditio Brevi Manu the debtor is already in possession of the property before the transfer of ownership PRESTATION TO DO Its the character of the Positive To Do requires the giving of possession which services or performance of an to conclude a changes From Temporary or pre-existing obligation Provisional Possession to Negative Not to Do requires refraining Ownership from or desisting from committing an act d. Constitutum Possessorium opposite of brevi manu