Philippine Bar review · Question

Practice question: Rights Given to the Buyer on Installment

Multiple Choice Medium

Practice question

A buyer sells or assigns covered installment rights under section 5 within the protected period. What form does the statute require for that deed?
  1. A private uncommunicated intention only.
  2. A notarial act.
  3. Only a text message in every case.
  4. No deed is permitted.
  5. Only a criminal information.

Legal references

  • https://lawphil.net/statutes/repacts/ra1972/ra_6552_1972.html — RA 6552, sections 3–7.

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