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Article 1524

RA 386 · Civil Code of the Philippines

ELI5— what this means for you

The seller shall not be bound to deliver the thing sold, if the buyer has not paid him the price, or if no period for the payment has been fixed in the contract.

Official text — RA 386

The vendor shall not be bound to deliver the thing sold, if the vendee has not paid him the price, or if no period for the payment has been fixed in the contract. (1466)

Source: lawphil.net (RA 386 as amended)

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