Article 1499
ELI5— what this means for you
The delivery of movable property may likewise be made by the mere consent or agreement of the contracting parties, if the thing sold cannot be transferred to the possession of the buyer at the time of the sale, or if...
Official text — RA 386
The delivery of movable property may likewise be made by the mere consent or agreement of the contracting parties, if the thing sold cannot be transferred to the possession of the vendee at the time of the sale, or if the latter already had it in his possession for any other reason. (1463a)
Source: lawphil.net (RA 386 as amended)
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