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Showing 1–4 of 4 articles for “reciprocal obligations”

Specific Performance vs Rescission: Contractual Remedies Under Philippine Law

The Supreme Court clarifies when specific performance or rescission applies in reciprocal obligations, using a Tagaytay property dispute as guide.

Service Fees in Lease Agreements: The Subic Bay Freeport Case on Reciprocal Obligations

When can a lessor collect service fees? The Supreme Court clarifies that service fees require actual rendition of services under reciprocal obligations.

Who Is in Delay in Reciprocal Obligations? Philippine Contract of Sale Disputes

Philippine Supreme Court clarifies when delay begins in reciprocal obligations under a contract of sale, and why mutual default cancels out.

Breach of Contract in the Philippines: Rescission and the Risks of Buying Property with a Notice of Lis Penden

Philippine Supreme Court ruling on rescission, reciprocal obligations, and why a notice of lis pendens binds any buyer of disputed property.