Practice question
Does 1482 alone authorize a seller to cancel at will merely by returning twice the earnest amount?
- Yes; every seller has that automatic statutory option.
- Only the broker’s signature matters.
- No.
- Every refund is necessarily cancellation.
- The buyer must accept any new condition.
Legal references
- Civil Code Articles1306,1475,1482,1490-1492,1504,1522-1523 and1589-1590: https://lawphil.net/statutes/repacts/ra1949/ra_386_1949.html
- Chavez v. Spouses Gopez, G.R.242366, February26,2025, MAIN: https://lawphil.net/judjuris/juri2025/feb2025/gr_242366_2025.html
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