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What is Platinum Plans vs. Cucueco: Contract Dispute about?

This case involved a dispute over the sale of a condominium unit between Platinum Plans Phils Inc. and Cucueco. Cucueco claimed there was a perfected contract of sale, while Platinum Plans argued it was merely a contract to sell. The Supreme Court agreed with Platinum Plans, finding there was no meeting of the minds on essential terms like payment dates. A contract to sell leaves ownership with the seller until full payment is made, and failure to pay prevents the obligation to transfer title from occurring

Author

nath

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EN