Practice question
Does reservation of ownership until full payment alone exclude an otherwise covered real-property contract to sell from RA 6552?
- No
- Yes, all contracts to sell are excluded
- Yes, only delivered titles are covered
- Yes, a reservation of ownership waives every statute
- Yes, buyers must already own the land
Legal references
- RA6552, Sections3-7: https://lawphil.net/statutes/repacts/ra1972/ra_6552_1972.html
- State Investment Trust, Inc. v. Spouses Baculo, G.R. No.237934, June 10, 2024, MAIN decision: https://lawphil.net/judjuris/juri2024/jun2024/gr_237934_2024.html
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