Difference of Legal and Conventional Redemption
Difference of Legal and Conventional Redemption
Difference of Legal and Conventional Redemption
(Article 1619-1623)
It is the right to be subrogated, upon the same terms and conditions stipulated in the contract, in
the place of one who acquires a thing by purchase or dation in payment, or by any other
transaction whereby ownership is transmitted by onerous title.
Conventional Redemption
(Article 1601-1618)
It is the right which the vendor reserves to himself, to reacquire the property sold provided her
returns to the vendee the price of the sale, the expenses of the contract, any other legitimate
payments made therefore and the necessary and useful expenses made on the thing sold, and
fulfills other stipulations which may have been agreed upon.