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  • Article 1477-78

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    Mary chris Ugsang
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    Ownership of the thing sold is transferred to the buyer upon actual or constructive delivery of the item. However, the parties can agree that ownership does not pass to the purchaser until they have fully paid the price for the item. This allows the seller to retain ownership until full payment is received from the buyer.

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    ARTICLE 1477-78

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    Ownership of the thing sold is transferred to the buyer upon actual or constructive delivery of the item. However, the parties can agree that ownership does not pass to the purchaser until they have fully paid the price for the item. This allows the seller to retain ownership until full payment is received from the buyer.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    9 views2 pages

    Article 1477-78

    Uploaded by

    Mary chris Ugsang
    Ownership of the thing sold is transferred to the buyer upon actual or constructive delivery of the item. However, the parties can agree that ownership does not pass to the purchaser until they have fully paid the price for the item. This allows the seller to retain ownership until full payment is received from the buyer.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 2

    ARTICLE 1477

    The ownership of the thing sold


    shall be transferred to the
    vendee upon the actual or
    constructive delivery thereof.
    ARTICLE 1478

    The parties may stipulate that


    ownership in the thing shall not
    pass to the purchaser until he has
    fully paid the price.

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