Reference no: EM133935356
TRUE or FALSE
1. Legal redemption can be effected only against immovable property.
2. If a property has been petitioned, a former co-heir has the right of redemption.
3. The right of legal redemption is substantive.
4. In the absence of a written notification of the sale by the vendor of an urban land subject matter of legal redemption - the thirty (30) day period cannot be said to have even begun to run.
5. In legal redemption, co-owners are preferred over adjoining owners.
6. If the purchaser is a co-owner, there is no legal redemption.
7. The vendee is bound to accept delivery and to pay the price of the thing at the time and place stipulated in the contract.
8. The basic right of a buyer when the goods are delivered to him is to examine the goods.
9. When the buyer has not examined the goods prior to delivery, he is not deemed to have accepted the same until and unless he has had a reasonable opportunity to examine them.
10. If the buyer refuses without just cause to accept the delivery - title passes to him from the moment they are placed at his disposal, unless there is stipulation to the contrary.
11. If it is the duty of the seller to send the goods to the buyer - the delivery of the goods to the carrier by the seller constitutes as delivery to the buyer.
12. Should the vendor have reasonable grounds to fear the loss of immovable property sold and its price, he may immediately sue for the rescission of the sale.
13. There can be automatic rescission in the sale of both movable and immovable objects.
14. As a rule, the buyer of goods is bound to accept delivery thereof by installments.
15. If several persons, jointly and in the same contract, should sell an undivided immovable with a right of repurchase, none of them may exercise this right for more than his respective share.
16. The buyer a retro is entitled to be reimbursed for land taxes because these taxes are considered as expenses on the property.
17. If a buyer a retro retains the property although a redemption has been made, he shall be liable for damages such as rentals for the continued use of the property.
18. If a realty owner is delinquent in his payment of taxes on the real property, and it is sold he has the right to redeem said property.
19. A delinquent payer whose property is sold by the government is not entitled to recover the fruits that had accrued before the property is finally redeemed.
20. In a sale with pacto de recto, the inadequacy of the price cannot be considered as ground for rescinding contract.
21. There can be conventional redemption even if it was not stipulated in the contract of sale since the right to redeem is presumed from the provisions of law.
22. Bona fide tender of the redemption price of the consignation of the said price in court is essential in an action to redeem a parcel of land.
23. The provision on equitable mortgage is also applicable in a contract purporting to be an absolute sale.
24. A seller a retro has the right to redeem the property from persons other than the buyer a retro.
25. The creditors of the vendor cannot make use of the right of redemption against the vendee, until after they have exhausted the property of the vendor.