· Not an official government website

BatasKo

Ang Batas, Sa Simpleng Salita — your rights, finally explained.

Article 1603

RA 386 · Civil Code of the PhilippinesKey provision

ELI5— what this means for you

In case of doubt, a contract purporting to be a sale with right to repurchase shall be construed as an equitable mortgage.

Official text — RA 386

In case of doubt, a contract purporting to be a sale with right to repurchase shall be construed as an equitable mortgage. (n)

Source: lawphil.net (RA 386 as amended)

Related

RELATED RIGHTS

Legal disclaimer: BatasKo provides general legal information, not legal advice. For advice on contracts, property rights, obligations, or civil damages, consult a licensed Filipino lawyer or the Public Attorney's Office (PAO) at pao.gov.ph.