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  • Tajanlangit v. Southern Motors

    Diunggah oleh

    Morales Genecio
    682 tayangan1 halaman
    The petitioner bought tractors and a thresher from the respondent on an installment basis but failed to pay the purchase price. The respondent filed a case and levied execution on the property, sold it, and bought it back at a public auction. The respondent then obtained a writ of execution for the petitioner's real properties. The petitioner argued the obligation was already satisfied since the property was returned to the respondent, and the respondent was limited to the proceeds of the sale. The court held that for sales of movable property on installment, the vendor has remedies of exact fulfillment of the obligation, cancellation of the sale, or foreclosure of a chattel mortgage, but choosing exact fulfillment does not bar recovering from other properties of

    Deskripsi Asli:

    Case digest in sales

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    The petitioner bought tractors and a thresher from the respondent on an installment basis but failed to pay the purchase price. The respondent filed a case and levied execution on the property, sold it, and bought it back at a public auction. The respondent then obtained a writ of execution for the petitioner's real properties. The petitioner argued the obligation was already satisfied since the property was returned to the respondent, and the respondent was limited to the proceeds of the sale. The court held that for sales of movable property on installment, the vendor has remedies of exact fulfillment of the obligation, cancellation of the sale, or foreclosure of a chattel mortgage, but choosing exact fulfillment does not bar recovering from other properties of

    Hak Cipta:

    © All Rights Reserved
    Unduh sebagai DOC, PDF, TXT atau baca online dari Scribd
    Tandai sebagai konten tidak pantas
    682 tayangan1 halaman

    Tajanlangit v. Southern Motors

    Diunggah oleh

    Morales Genecio
    The petitioner bought tractors and a thresher from the respondent on an installment basis but failed to pay the purchase price. The respondent filed a case and levied execution on the property, sold it, and bought it back at a public auction. The respondent then obtained a writ of execution for the petitioner's real properties. The petitioner argued the obligation was already satisfied since the property was returned to the respondent, and the respondent was limited to the proceeds of the sale. The court held that for sales of movable property on installment, the vendor has remedies of exact fulfillment of the obligation, cancellation of the sale, or foreclosure of a chattel mortgage, but choosing exact fulfillment does not bar recovering from other properties of

    Hak Cipta:

    © All Rights Reserved
    Unduh sebagai DOC, PDF, TXT atau baca online dari Scribd
    Tandai sebagai konten tidak pantas
    dari 1

    Tajanlangit v.

    Southern Motors
    GR L-10789
    Facts: The etitioner !ought " tractors an# a thresher $or "%& $ro' the reson#ent on the
    con#ition to a( the sai# roert( in an instal'ent !asis.
    )o*ever the etitioner $aile# to a( the urchase rice+ an# su!se,uentl( the reson#ent $ile# a
    case an# levie# the e-ecution on the sai# roert( sol#+ an# su!se,uentl( !ought the su!ject
    roert( in a u!lic auction $or 10&.
    The reson#ent o!tain another *rit o$ e-ecution $or the real roerties o$ the etitioner+ herein
    the latter $ile# a etition conten#ing that the o!ligation *as alrea#( satis$ie# !ecause the
    roert( sol# *as returne# to the reson#ent+ an# that the reson#ent *as onl( li'ite# to the
    rocee#s o$ the sale.

    .ssue: /hether or not the ven#or o$ a 'ova!le on instal'ent is li'ite# to the rocee#s o$ the
    sale.

    )el#: 0o+ in the sale o$ 'ova!les on instal'ent the ven#or has 1 re'e#ies 12 3-act $ul$ill'ent
    o$ the o!ligation "2 4ancellation o$ the sale i$ the !u(er $aile# to a( " or 'ore instal'ent an# 12
    To $oreclose the chattel 'ortgage over the goo# !eing sol# i$ the !u(er $aile# to a( " or 'ore
    instal'ents+ !ut this *ill !ar the seller $ro' $urther recover(.
    5t the resent case since the seller chooses the e-act $ul$il'ent o$ the o!ligation the seller 'a(
    still recover $ro' the other roert( o$ the !u(er.

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