First Optima Realty Corporation

vs.
Securitron Security Services, Inc.
GR No. 199648
January 28, 2015

Case 3
Caparas, Jiechiel Ann: mauyag, Laimahar : San Jose, Brian Wendell: Santos, Adeline
 FACTS
Petitioner: First Optima Realty Corporation

Respondent: Securitron Security Services

FACTS

Respondent wanted to extend its existing offices, through a

property located in Pasay City, which is owned by First Optima
Realty Corporation.
 issues
I.
Does the earnest money received by the petitioner already provided a
perfected Contract of Sale?

II.
FACTS
Whether or not the reply to the February 4,2005 letter and the time lapsed
in returning the money of petitioner to the respondent was considered as a
proof of acceptance of the Earnest Money?

III.
Was there a final agreement between the parties?
 Ruling
I.

The “EARNEST MONEY” received DID NOT provide a

perfected contract
FACTS of sale.

Article 1482 of the Civil Code of the Philippines.

 Ruling
II.

The Letter received and its no response does not mean

an agreement since the Petitioner
FACTS already rejected the
offer when the respondent personally talked to her.
 Ruling
III.

There was NO FINAL AGREEMENT between the two parties.

> The three stages of sale of contract: NEGOTIATION,

FACTS
Perfection of Contract, and Consummation.

>Essential Elements of a Contract of Sale: MEETING OF

MINDS, Object, and Price of Sale.
 Ruling

For the court decision

FACTS
please refer to the
table.