Text of the provision
Art. 1482. Whenever earnest money is given in a contract of sale, it shall be considered as part of the price and as proof of the perfection of the contract.
(1454a)
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
Earnest money given in a sale is part of the price and proof of a perfected contract — distinguishing a true sale from a mere option (where option money is not part of the price).
Related provisions
- Article 1481 — Sale by Description or Sample.
- Article 1483 — Form of a Sale.
Cases citing this article
- San Miguel Properties Philippines, Inc. vs. Spouses Alfredo Huang and Grace Huang, G.R. No. 137290, July 31, 2000 — read the decision on LawPhil →
- Sps. Onnie Serrano etc. vs. Godofredo Caguiat, G.R. No. 139173, February 28, 2007 — read the decision on LawPhil →
- Venustriano B. Chavez, Jr., Maria Carmita C. Certeza, et al. vs. Spouses Joselito and Adriana Gopez, G.R. No. 242366, February 26, 2025 — read the decision on LawPhil →
- Victoria N. Racelis vs. Spouses Germil Javier and Rebecca Javier, G.R. No. 189609, January 29, 2018 — read the decision on LawPhil →
- First Optima Realty Corporation vs. Securitron Security Services Inc, G.R. No. 199648, January 28, 2015 — read the decision on LawPhil →
Compiled automatically from Supreme Court decisions published on LawPhil that expressly cite this article, most frequently cited first. A listing means the decision cites the provision — it is not a statement that the case is the leading authority, and it does not show whether a ruling has since been modified or abandoned. Always read the decision itself.