Question

A. When Law Takes Effect, Publication (Civil Code, Art. 2)

Scenario:

Mr. Reyes purchased a piece of land from Ms. Santos. The transaction was recorded in a notarized Deed of Sale. However, after the sale was made, a new law was passed and published by the government which imposed additional restrictions on the sale and transfer of land in the area where the property is located. Mr. Reyes is now concerned about the effect of the new law on his ownership and rights over the property.

Question:

1. When does a law take effect? Is the notarized Deed of Sale between Mr. Reyes and Ms. Santos affected by the new law? Discuss the application of Civil Code Article 2 on the effectivity of laws and its impact on the rights of the parties involved.