Practice question
A receipt uses 'earnest money,' but the established agreement is a contract to sell with transfer dependent on a future stipulated payment condition. May the buyer rely on the label alone to demand immediate ownership as if Article 1482 conclusively established a sale?
- Yes, the label necessarily overrides the established agreement
- No, Chavez requires the actual contract-to-sell arrangement to be respected rather than converted solely by that label
- Yes, because every deposit is delivery of land
- No, because contracts to sell cannot involve any payment
- Yes, because the remaining condition disappears
Legal references
- Civil Code Articles 1475, 1477 and 1482: https://lawphil.net/statutes/repacts/ra1949/ra_386_1949.html
- Chavez v. Spouses Gopez, GR 242366, February 26, 2025, main decision: https://lawphil.net/judjuris/juri2025/feb2025/gr_242366_2025.html
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