Statements (17)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
Philippine law
|
| gptkbp:appliesTo |
contracts of sale of personal property payable in installments
|
| gptkbp:dateEnacted |
1932
|
| gptkbp:enactedBy |
gptkb:Philippine_Legislature
|
| https://www.w3.org/2000/01/rdf-schema#label |
Recto Law
|
| gptkbp:jurisdiction |
gptkb:Philippines
|
| gptkbp:namedAfter |
gptkb:Claro_M._Recto
|
| gptkbp:officialName |
gptkb:Act_No._3952
|
| gptkbp:provides |
prohibits sellers from recovering deficiency after foreclosure of chattel mortgage
applies to sales, not leases or other contracts applies to personal property only, not real property limits remedies of sellers in case of default by buyer |
| gptkbp:purpose |
to protect buyers of personal property sold on installment from abusive practices
|
| gptkbp:relatedTo |
gptkb:Chattel_Mortgage_Law
gptkb:Maceda_Law |
| gptkbp:bfsParent |
gptkb:Claro_M._Recto
|
| gptkbp:bfsLayer |
6
|