Article 1601

RA 386 · Civil Code of the PhilippinesKey provision

ELI5— what this means for you

Pacto de retro (conventional redemption): seller retains the right to repurchase the property within a fixed period by returning the purchase price. If the seller does not repurchase within the period, ownership is consolidated to the buyer.

Official text — RA 386

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

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