This case has been cited 2 times or more.
2007-10-10 |
TINGA, J. |
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Non-payment of the purchase price of property constitutes a very good reason to rescind a sale for it violates the very essence of the contract of sale.[31] While it is preferable that respondent instead should have filed an action to resolve or cancel the deed as the right to do so must be invoked judicially,[32] this shortcoming was cured when the complaint itself made out a case for rescission or resolution for failure of petitioner to comply with his obligation to pay the full purchase price. The complaint relevantly alleged:x x x x | |||||
2005-04-12 |
AUSTRIA-MARTINEZ, J. |
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Likewise in this case, the contract of lease, with all its concomitant provisions, continues even after Fausto's death and her heirs merely stepped into her shoes.[30] Respondent, as an heir of Fausto, is therefore bound to fulfill all its terms and conditions. |