Mr. S sold his land to Mr. B with a right to repurchase within ten years from the date of sale. Despite the lapse of the period of redemption, no such redemption was made.

Related MCQs

• A entered into a contract of sale with pacto de retro over B’s house & lot. The house is valued at P10M. B failed to exercise the right to repurchase. State the effect of B’s failure to exercise the right to repurchase.
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