Article 1318

RA 386 · Civil Code of the PhilippinesKey provision

ELI5— what this means for you

Three essential requirements for a valid contract: (1) consent of the contracting parties, (2) a certain object which is the subject matter, (3) cause of the obligation.

Key point

No consent, no object, or no cause = no valid contract.

Official text — RA 386

There is no contract unless the following requisites concur:

(1) Consent of the contracting parties;

(2) Object certain which is the subject matter of the contract;

(3) Cause of the obligation which is established. (1261)

Source: lawphil.net (RA 386 as amended)

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