[Solved] 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.

Q.	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.
A.	B can consolidate his ownership to become the owner.
B.	B need not consolidate his ownership because by the mere lapse of the period to repurchase, he became the owner.
C.	B cannot consolidate his ownership because that would amount to pactum commissorium.
D.	B cannot sell the property as he is the owner.
Answer» B. B need not consolidate his ownership because by the mere lapse of the period to repurchase, he became the owner.

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