RFBT - Law On Sales

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SALES acu Dn Aged or Jail 1+ Consent + meeting of the offer ond the axxeptance upon the thing ond cause oF agreement Siparcion of Fopety shoud NOT be incopacitoled —> |. Absolute Incapacity 2 Relate Incapacity — 2 fe. 4a 2. Object tings /Rightc CX) Senice 7 | uct 2 Ouerminate 9 Vendor ha right frond ooershiP at ley) FINS 62005 * ieraongetie gas / MOBS. > Boag Base tones noun dn sore Sf ane of naivaed share ofa speufe mass Mass < Bought * Buyer become aor OF hole mass \ exisG 6100s * owned ond pasexed by ceter Seer wl pode the decency > puuiee 62005 oer prteson of contact ee “P Cmptio rei speratae /sole of future thing 2 Emptio spei /sake of hope 3 _Sale of vain hope > Unpiweoinmenest” you con cel your interest 06.0 c-oorer Ove a properly. Not sting the propre. 5 ‘Suasect RESOLUTORY CONDON Cex Pact de Retro Sale) , Buyer needs tb respect the condition IAN in meney oF its Equivaient if xed by both partes | if Bed ty one and accepted ty the ofer 2 if fixed by a 3RD person outhorized by the parties 4: i fixed by rekerence te another thing certain Geos adequacy of Price has no eft on validity XO | Dect in concent 2. other purpose Ic intended by pares 3: shockingly low 4. bier price chine “Bice cannot be determined: Gh’ Contact is ineticacious. XP" Paral fertrmonce = payment oF a reatndble price “CONSENSUALIN G8 Requires no form ; valid in whatewer form XP + For Enforceability 2: Tor Convenience Ari: [32 SALE OFLAND WRU AGENT RULES: 1 2 3 4 ORM OF AUTHORITY GIVEN ORALLY WanTeN / PI” waimen/ P17 writen / P17 FORM OF CONTRACT OP SALE ORAL /wRIMTEN / PI ORAL writen “% PL Pupuc mstRuMeNE STATIS OF CENTRACT OF SALE voo unenresceAel eweotneie _——_eaCEABLE AND SIMU oF aus C5ct? feleatocoeye/sor ate SNS feat srouid te ilieg pile Tobe pated in Dear «$i Sake of peranal propery iF pce “suet te be enforceable: 2) See of real poperly is P90 (HE VELBARTER) - uit if prty pce ond partly thing? check. intention -> if undenr: AG >MORE = Boxter "SAS. PC BR) npertnce, Ori. HU) * apetion of SEF ony on Sale “Ptlag Z Money = sae Sole * marufacted in ordinary carte of business Fer of Work Monifaced ty ada oder Ceaite ima wt) (CONDON SALE) * curomatc Konser oF odnerhip opin fulfilment oF the ced tion “coNmiser SELL ~ Aiher ac is required before ron of cuneNP upon alien o Ae conaion 4 ne promise to sell only crises upon fulfilment oF the condition SEARESENONEY’ * proto pron of conkact of sale / par Pep) coniaecd a. doenpayment “OPTELGNEY’ = consideration distncr fom the. price > quen Yo SUppert peed Tir akapHance oP oferty Je HN ng > 1 rods covered ty an CPNON coMACr = ‘ean thera the cer or se None for damages 2. aceon wy cfene, crea so the cpio money, Sle I psc no mere witha “BY DESCRION ce SUPLE: Rexind IF BULK delvered Desuipion of Sample “BUDESCRIN AND SAMPLE: BULK delverd shoud be = KYBOM Descripion and Sample, cherie rescind “Sue US: Lease). —————— | osoiute transfer of conership Tight oF use subject 0 period Consideration = prce ————— payment of consideration extiqguiches ckigation poy rent Seter needs to be cloner te Leaver need not be the loner fo lease. the ting ‘ronsfer the ovnership lense w/ooton to buy: in name, -* Lease. Subsontaly * sale “CBUGATONS OF Tie PARES. | VENDEE / BUYER ' “IP with Gees tevory cept order quantity Reject the. Exess Accept order quantity ond exces Roy at ogre price 4 instalments ~ 6R: No mud te asap: XP Sipdaton or agreement > ight i> Bxamine ~ GR! Before deemed acceptance, buyer has right f> exomine. the goods upon delivery. XEN: Stipulation 1 the conrany 27 lagen pvitieg eoninaten 2. COD Catton pelver)) except # <> “Uisdige fe! pert: such examination one Ascent BNE th seers oonerti S inpked. Aeptance — ‘Rees QB oer recs ape oF te apres Aceponce ~ baer ita 9 tler ie acetance > soigcaions 7 QURED * sora ren atc ris gen ~ von Foe a pestry Ss etizal — MUUSRRED! ~ ike pases © buyer from moment of disposal 5 ae Seter is nok discharged fom lailly for breach of warranty ; XPN' Buyer fails 1 give notice oF breach 2 fy he Rice sures poses er urersip S Suspensionly only exists while these. last 4 Suspension reasonable grounds te Ror disturbance AEN: Vendor gues Sty for rerum he pce X ‘Sipicica tnat vender i und 40 mGke payin cron wih such cnhngon Veader cated el ures dene CEST tencor-Rescesion + immediakey sue for rescission no payment after deivoy oF pond ee resin of cama, ror sainett, GEESE ose i oss 4 ually or wy Notary wo such, vendee con) _XPN* Reciprocal Obigatons + noneed for —P 8 Ray terest enocen deivery date ond payment dat Sfpdaied) 2. subject maker priced fits and/oe income’ 3: Buyer wor aicady in delay /eeaulh 2. Ven / SELLER Authored by she oxner 1 Tonsfer onerchip Sater must ol she property at the tine BF delivery” { Stotory or Judicial aurory 2. Deliver whe Thing —> Acuol * conkol possesion is sf yer estoppel Cin pls / by dend) constructive Sale of an Apparent Over 1 ings / Tangle * Execution ofa pubic ingmument Crotrizad) rom Nerchant Marke Pr 1 Tradito BRS Manu: Buyer akeody poseses the ting in goth ¢ fr value cx Sale with purcnase. prion Traci Uengal mona + Thing is valicly possessed by another Cex under teaxe ? Detvery is preted ny mere consent Csince actual delivery is not posible? rraditto conshtutuin Posessbrilm) : Seler is in possession but ownership is transferred fo buyer 5 traditio Simbolica * ex. car keys 2. Rights /intangibles + Execution oF a pubic instrament notarized) delivery of dacumet evidencing the right Cex. for shar of socks + share certificate) ret of he ght lh Ae tend conseth, 3 To Worant non fuhlment canchiues 0 emAc) of contact j may bea separate performance obligation ' exeress ‘ Induced the buyer to purchase + Buyer purchases relying on such voarranty Fxaude? Usual exaggeratons in trade; misrepreentaion In quad Fath 5 Mere epresion of oprion unless seler is on expert + byer reed on sellers opinion “> wPueD: induces | Warranty agonst icon" legaly depriving the buyer oF land or rentalprpery pucrase Enforced when: Eviction Is ty virtue oF a: fnal judgment based on a right prior tm sale ‘ond seller is summoned and made co-defendant in the suit at the instance of the buyer: Luobility.of Seller p> presumption & Le w/waiver —— — cansiele: —* Ear woired Wo Krowlelge ors of eviction Sin Goad rath > seter pays voiie of ng kd at ime of eviction ‘S intencionada, —* Buyer waived wih Knowledge oF rise. of eviction Beker has 06 oity in Bad ith —F waiver is Vor Seer is ible regardless who wig the warranty wh waiver omages SY ster esata of aier Niue OF Ting ssid @ Time of Eviction w/o woirer Ineo Fs Costs of Suh Sete 0 Gd ah + wo ware Expenses of the. Contract /sole [2 warranty against “hidden deiecls Or oF quality woronty of Merchontibity “> Nomex goods or fio be Sid fhe general pute CR: Seer Habe XA Defs = polnis or is vsble othe vere 2. Buyer is on expert who show hare Kren beer 3: fonexed ly usage of trade Liailty_oF Seder rer eee > cause was delet itelP'* rice, conkract expences, nforest, Damages + ERSTELER /AEIGBTYRD - rice ~ wae cl ie of ss Doma “warranty against reahibitory deftes on animal GR Seler con oy conc the soe relaed. ihe detchre animal XN: Phe bayer con prove that ne woud not Nore EDugh he god ania without the cefective one Cex. By par, team, set) Remedy of Buyer: ' Frescriive Fevad SG mans fom deiery (WOM) 2 40 days CRD? fit for the: intention of the buyer > warranty of rimess fora Purpose —> Promises goods ore (ny apples when << Buyer informed the seer of such ienton Buyer relied on the seler's expertise. or judgment worry ago Beene AGREE) sure enn che ee bth of Enforced when: ‘No external indications Another immovable 10/0 different cloner > reeumbronees Or a menkoned inthe agreement 4 Enaumbronces are Nok recorded in the Regishy OF Deeds fenedies of Buyer within | Year 5 Rescission — fiom execution of #ne deed % Damages — from discorry 4 warranty that the ‘seler hat Oi right tosell Promises ovonership at the time OF delivery “DOUBLE SALES © who tas the better right? Applies sohen 2 Valid contracts of sale 1 PERSONAL ‘Fes! pszexor in isch foe ba actual or constructive celvey 2.or more subject maters REAL 1 Fest Registrant in gona form ‘> Eyeeption : 2st Possescor _n_gpod fai oautedge. of sco Sie dees not cons te bad foith 5S Party w/ oldest title for the first buyer: “NSTALLMENT SALES 7 oh “on creat RECT LAD * oppicoble to ace of Fesona Mepry in vstalents: kherein. such propery is Subject under @ chat morigage “Ronedies of selon 7 teeny dese / is mest, 1 instalment defo “> Exar fattnent Terese ofc. werignge oF a arent ing 2. 2 ormore intolments —* Alerative. remedies | Exact Fulfilment hensise;/ Ce uifo forfeiture Clause © retain reasonaible amount 2. Con He Sale’ —> Mutual Restiwion — // “a ire ele, retoin AL amount psd “Tecosire of AE Chak Mortgage on Wing 6dc 7°" uncnscenble Seller cannot recover any deficicncy /unpaid amount after foredosure Any stpulation 1 the contrary Is voi Poot fon cre 2.“ MACEDA AW ~ “Re BER BLUR ACE Guyer ic gen proecion in case of falc fo poy inctatments. < years ‘Any stipulation to the Ly Grace Feried = GO Days 18/0 interest or penalty Atter Grace Perio cancelation. contrary is (oid) 5 Sel or asign his right oror the property & exact tufinent uty pay the deficinay > 2ycors | daitional Buyer Rights: 7 tal er = Go + Cam x MM / 12 onins ) Grace Period = + A venth for ery year of instalment paid after frst 2 years Forfeiture cause “5 Sell or assign his right over the prperty Automatic. Reson — Max = 90% or yoo: Seller Remedies: x A Payments: “> nttor Groce Fried: cancelation + refed CSV —] +. S%B) if afer Gth year & exaatfatinent L_ + 5% ferevreny aakitenal year Resision (or Covedtonan) Requirements Not of intention freind t buyer Totes efec after 30 days oF complying w/ bohh > Rayment of cash Surrender valve 3. PD 957 or Subision and Condominium Buyers’ Protective Decme —? Maceda Law also apis Buyer is cntited to l00% rehund Cro torfeinire oF payments) if seter fails to develop the property. “Remedies: ——* + Amortization interests 4 pcoraing to agreement suspend payment until compiction of the project ‘> within Specified: time period “RIGHTS OF AN UNPAID SELLER SAFI — hee to SETTER of cco eo” pro of gu Goods are transferred to baile without reserving right of ownership or possession Buyer or agent lawfuly obtains the goods waiver

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