Article 1312 Flashcards
1
Q
ART 1312 states that
A
In contracts creating real rights, third persons who come into possession of the object of the contract are bound thereby, subject to the provisions of the Mortgage Law and the Land Registration laws
2
Q
ART 1312 is an exception to the ___________
A
general rule that a contract binds only the parties
3
Q
3rd persons who come into possession of the object of ac ontract over which there is a real right, __________
A
are bound thereby even if they were not parties to the contract
4
Q
However if the real right is not registered, 3rd persons who __________
A
acted in good faith are protected under the provisions of the Property Registration Decree