CAPACITY TO BUY OR SELL

TWO KINDS OF INCAPACITY

• ABSOLUTE
- minors except necessaries
• RELATIVE (Art. 1490 & 1491)
 RELATIVE INCAPACITY TO BUY & SELL
• HUSBAND & WIFE except
1) Separation of property agreed in marriage
settlements
2) Judicial separation of property

Effect of sale: VOID

• GUARDIAN – WARD
• AGENT-PRINCIPAL
• EXECUTORS/ADMINISTRATORS – ESTATE
• PUBLIC OFFICERS & EMPLOYEES – GOV’T
PROPERTY
• JUDICIAL EMPLOYEES – PROPERTY UNDER
LITIGATION
• OTHERS DISQUALIFIED BY LAW

REASON: FIDUCIARY RELATIONSHIP

EFFECT OF SALE: VOIDABLE (1-3); VOID (4-6)
 APPLICABILITY OF
RELATIVE INCAPACITY
• ORDINARY SALE
• LEGAL REDEMPTION
• COMPROMISES
• RENUNCIATIONS