Practice question
A purchaser buys a commercial building on installments and invokes RA 6552 solely because all real estate supposedly qualifies. Which is correct?
- Every commercial building is included automatically
- Installments override every exclusion
- Commercial buildings are expressly excluded by Section 3
- Only the buyer’s subjective expectations matter
- The exclusion applies only to motor vehicles
Legal references
- RA 6552, Section 3: https://lawphil.net/statutes/repacts/ra1972/ra_6552_1972.html
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