Text of the provision
Art. 1458. By the contract of sale one of the contracting parties obligates himself to transfer the ownership and to deliver a determinate thing, and the other to pay therefor a price certain in money or its equivalent. A contract of sale may be absolute or conditional.
(1445a)
Civil Code of the Philippines, Republic Act No. 386, approved June 18, 1949, effective August 30, 1950. Reproduced in full; verified verbatim against the LawPhil and ChanRobles official-text renderings.
What this article means
By a contract of sale, one party obligates himself to transfer ownership and deliver a determinate thing, and the other to pay a price certain in money or its equivalent. A sale may be absolute or conditional. This opens the most litigated named contract in the Code.
Related provisions
- Article 1456 — Constructive Trust From Fraud or Mistake.
- Article 1459 — Licit Object; Right to Transfer.
Cases interpreting this article
- Authorities on this article will be added here as each is verified against primary sources.