Legal Insights
Plain-language guides and case briefs on Philippine law — researched from the firm's law library of 184,000+ statutes, Supreme Court decisions, and agency issuances, and written so non-lawyers can understand and act on them.
Jun 5, 2009contract-to-sellreal-estate-lawperfection-of-contractcancellationearnest-moneysupreme-court
Perfected Contract to Sell vs Cancellation for Default: Lessons from Traders Royal Bank v. Cuison
When is a contract to sell perfected, and when can a seller cancel it for default? The Supreme Court clarifies in Traders Royal Bank v. Cuison.