Article 1582
RA 386 · Civil Code of the PhilippinesKey provision
ELI5— what this means for you
The buyer is bound to accept delivery and to pay the price of the thing sold at the time and place stipulated in the contract.
Official text — RA 386
The vendee is bound to accept delivery and to pay the price of the thing sold at the time and place stipulated in the contract.
If the time and place should not have been stipulated, the payment must be made at the time and place of the delivery of the thing sold. (1500a)
Source: lawphil.net (RA 386 as amended)
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