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)
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