Practice question
A seller inserts a clause forbidding the buyer from exercising any statutory grace, reinstatement, transfer, or prepayment right under sections 3–6. The buyer signed without negotiation. Assuming RA 6552 covers the transaction, what is the statutory effect of the contrary clause?
- Signing makes every contrary provision immune from review.
- The clause automatically repeals the statute between these parties.
- The clause gives the seller title to unrelated buyer property.
- Section7 renders stipulations contrary to sections 3–6 null and void.
- The clause creates an exception for every printed contract.
Legal references
- https://lawphil.net/statutes/repacts/ra1972/ra_6552_1972.html — RA 6552, sections 3–7.
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