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When a Right to Top Fails: Severability and Conditional Obligations in Share Sales
A Supreme Court ruling clarifies how severability clauses and conditional obligations determine bidder rights when a preferential right is voided.
Oct 24, 1996earnest moneyconditional obligationsreal estate lawcontract of salecivil codephilippine law
Earnest Money and Conditional Obligations: Navigating Real Estate Sales in the Philippines
A Supreme Court ruling on earnest money, conditional obligations, and what happens when a seller fails to deliver in Philippine real estate sales.