Article 1503

RA 386 · Civil Code of the PhilippinesKey provision

ELI5— what this means for you

When there is a contract of sale of specific goods, the seller may, by the terms of the contract, reserve the right of possession or ownership in the goods until certain conditions have been fulfilled.

Official text — RA 386

Full article text is being added. Read the official text at officialgazette.gov.ph.

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