Legal Question in Real Estate Law in Philippines
may binenta po kami n lupa 10 years ago,naging hulugan po yun,at hanggang ngayon di pa po tapos bayadan.may kulang pa ho sila n 70,000 pesos.
ang tanong ko po,pwede po ba namin yon bawiin?tutal kulang p ho sila ng bayad.Balita po kasi namen balak nila ibenta yung lupa. Gusto po kasi namin kami nalang po ulit magbenta sa iba para po
may makuha pa ho kami kahit konting pera.
Yun nalang po kasi ang natitira namin lupa at cannot afford po kami na kumuha ng consultation s lawyer.
sana po matulungan nuo po ako.thanks.
1 Answer from Attorneys
If the contract is contract to sell then ownership of the subject property will remain to the seller in view of the buyer's failure to pay the whole amount as agreed upon. Then you can still recover the property and file an action to rescind the contract (this is on the assumption that prescription did not set in).
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