RFBT
RFBT
RFBT
Natural
already exist not stipulated (warranties)
·
and
·
Characteristics
~
consensual/perfection moment they obligate
/Bilateral -
~ commutative -
equal prestation
~
principal-independent
~ onerous -
valuable consideration
nominate
~ aleatory -
no equivalence /sale of hope)
FORM may be in writing ,
word of mouth
, or
partly both
XPU :
① law requires a document/special form
② statutes of Fraud in
writing to be enforceable
~ Real property
↓ sale more than 500php .
~
orally enforceable
-
② object -
/resolutory condition
mass is less than the quantity sold-buyer becomes the owner seller
,
must
# option money -
prestation/promise to be performed
Rules on Price :
~ certain
~ Failure to
pay
= cancelation and Fulfillment
~ lack of consideration =
non-existent
is not
~ prospective buyer required to ~ if sale did not materialize it , must be
returned.
buy
~ if buyer decides not to it cannot title passes to the buyer upon delivery
buy ,
~ effects on non-performance :
specific performance
Transfer of ownership -
② withdraw goods
XPT :
O performed 1 year
② personal property worth 500 or more inwriting oseeable
③ Real property
OBLIGATIONS OF
VENDOR/ Seller/creditor
⑦ Take care of the
thing prior to delivery
Resperit domino-GR :
thing perishes with the owner
XPN : @ Stipulated
③ security title
① delay
without any effect
/entirely loss contract will be
~ loss in part
~ withdrawal
/Avoided
↓ For
valid existing goods
and incidents ,
2 obligation to pay taxes unless agreed
3 Warrant the thing
4 transfer ownership
XPU : buyer acquires good title , even if seller is not the owner.
~ Juridical authority
~ estopellin pais
by deed
conduct/representation
-
~ apparent owner
5 deliver the determinate thing/specific thing including Fruits the delivery arises and
kinds of delivery/tradition
1 Actual delivery -
physical
2 constructive/legal
Public instrument
/legal Formalities made through
-
sold
~ traditio longa mann-pointing of
the thing
⑤ Bill of exchange
Stipulation
* time of delivery-reasonable time
delivered
Quantity to be
a
reject the goods ⑨ ask specific performance and demand
b accept the whole and pay at contract more than stated in contract
rate stated
⑨ accept the area , reject the rest
c reject the whole if indivisible ↓ accept the whole pay For contract rate
possesory lien
/buyer is in solvent
to Transit
Stoppage
unpaid seller to resume possession of the
goods while in transit
requisites
/seller parted with the possession of the
goods
↓ in transit
~
buyer is insolvent
in transit
effects of stoppage
① goods no longer in transit
Requisite
① buyer has defauted payment
② right of lien (s)
③ title of goods passes to buyer
④ Resell in public/private sale
~ 2/ more buyers
Double Sale/valid
↑ same Object
↓ the same seller
property-firstregistranthe
potion in Jure"
immovable First in time,
I
Oldest title stronger in right
refuse to proceed
·
waive the performance
breach of warranty ,
ask for damages
:
kinds
/express
-
promise by seller
~
Impliedagainst eviction
requisites
I . Vendee deprived in whole/ part
2 .
Finan Judgement
3 .
Vendor summoned at suit
4.
Judgement based on right prior to sale
Extent of liabability
Bad Faith =
value/In20me/cost/ Expenses/Damages = VICED
waiver viced
good Faith
=
>
- - no
· Same with
Remedies Hidden defects .
40 days
damages
-
From discovery
Obligations of Vendee/buyer/debtor
time and place stipulated
① pay the price & time and place of delivery
interest From delivery and payment date
1 Stipulated
.
2 thing produce Fruit/income
.
3 default
2
accept delivery not bound to accept installments unless agreed
buyer notify Seller breach of warranty seller liable
X on : 1. agreed otherwise
.
2 buyer did not notify
Right to examine buyer can examine
XPh : 1 . an
agreement
2 . Stipulation
Buyer intimates
·
acts consistent as an owner
Buyer
lapse of time , Buyer retains the thing
Extinguishment of sale
conventional redemption
~ right to repurchase Purchase price
amount to be paid at repurchase exenses/legitimate payments
necessary expenses
↓
ownership transfers to the vendee-a-retro upon delivery
·
price inadequate purchases retains part of price
·
·
vendor retains possession Vendor pays the tax .
·
expiration is extended
. Other cases : intention near Vendor
real or a
Judicial
no redemption
period to repurchase - statedbut maxloyears personal operation of law
vendors right : 1 )
.
can still repurchase even if resold and not mentioned
multiple parties
their share
Several persons jointly seller may redeem
in the same
contract buyers can compel entire share
cannot be compelled in partial redemption .
~ co-owners sold separately
exercise individual rights
cannot be compelled to redeem whole thing
.
Legal Redemption
1) Co- owners movable/ immovable
amount paid
to be purchase unless excessive
multiple redemptioner de so in respecture share
land
urban land requisites : 1) Urban
.)
2 area so small , situated into non usable place
3) exercised
by adjoining land owner
land owners sale not yet perfected
pre-emption adjoining ,
night shift differential work between 1OPM-GAM Whether or not part of regular hours
regular 25%
overtime pay working day of cash over time
rest
only > paid additional
- compensation
at
war natlocalemergen
,a
1
,
compressed work week allowable if employees
proposed it and :
1 .
Voluntary .
2
necessary to prevent loss and
.
2 diminution of
no
Pay Fringe Benefits
and 3 .
urgent work
. value of benefits
3 =
more than / at least
their
.
4
completion/continuation of work
pay needed to be From
Finished
4. one hour of pay due & payable if regular 8 hours .
weekly rest
day not less than 24hrs after 6 consecutive days
by employer but respectreligious reasons
30% of
Rest day regular wage
30%
if no
regular weekdays/rest day on sundays and holidays
Special holiday 30 %
50 %
Rest day + Special
holiday
not entitle if :
- 1. absent who pay prior day
Regular double (10 + 12) .
2 absent on successive holidays
entitlement -
rank and file atleast 1 month work
.
3 establishment not commutable to cash
less than 10 employees
commutable to cash
XPU : domestic helpers
Kasambahay law
not waivable
after labor
& enjoyed later not than 60
days
paternity leave days with7
Full payFor the First 4 deliveries (includes misscariage)
notify employer of pregnancy
cover the
days to attend medical/legal
concerns
>
- if not availed , not cummulative/not cashable
Full
child birth 105
days with pay
solo parent additional 15 days
30 days
to extend without pay
miscarriage 60 days Full pay
with
SGS law the social Security Commission
employees not over 60 yes old
compulsory coverage voluntary coverage Full time sponce
their employees
any way
If SSS integrated to private plan pay SS the required amount and deduct it to the
payment of private plan
self employed 1 professionals
↓ .
2 partners and single proprietor
not required 3. Actors and media (not employed)
to pay
4
. Athletes
.
5
Farmers and Fishermen
OFW 1 .
landbase and seabased OFW not over Goylo
2.
manning agencies employees of seabased OFW
solidarily liable
3 .
termination OFW will voluntarily continue pay
4
. migrants , immigrants ,
naturalized
20 credited
Y is of service
* additional 1000 after Janzo17 (retirement/death/disability)
2400 php liability and
* other additional after Feb 2017 subject to Fund
stainability
Dependent's Pension (death/permanent disability)
10 % of monthly pension/250-higher
>
- to 5 children also , no substitution legitimate preferred over illegitimate child
Deth benefits
paid at least 36 prior to semester
1. monthly of death
entitles primary beneficiaries and dependents
if no primary -
secondary (higher) times
↓ O lump sum X monthly contributed
36X monthly ② 12X monthly pension
pension
if not 36-
Retirement
requisites :
S
25 Yes old he could've retired
earliest time
↓ higher actually retired
option to advance lump sum the First 18 monthly pensions discounted at preferential
rate by SSS
Reemployment
suspendsmonthlypension and continea is
if no
primary = same as retirement.
total blindness
permanent disability
loss 2 limbs of ankle/unst
other
approved paralysis of 2 limbs
permanent partial
-
before 36 lump sum
after 36 monthly monthly pension
Contri is paid