Question 1

A and B were co-owners of a parcel of land. Last March 30, 2022, when she paid her realty estate tax, A discovered that B had sold his share to C on June 30 2021. The following day A offered to redeem his share from C but the latter replied that As right to redeem has already prescribed. Is C correct or not?

A. C is correct because As right to redeem has already prescribed. The law gives A 30 days from the date of sale by B to exercise his right of legal redemption.

B. C is correct because As right to redeem has already prescribed. The law gives A 60 days from the date of sale by B to exercise his right of legal redemption.

C. C is not correct. C can still enforce his right of legal redemption as a co-owner because the law gives A 30 days from written notice of the sale by B to exercise his right of legal redemption.

D. C is not correct. C can still enforce his right of legal redemption as a co-owner because the law gives A 60 days from written notice of the sale by B to exercise his right of legal redemption.

Question 2

Alpha Inc. has dealt business with Bravo Corporation for 5 years. All through the years, Alpha accumulated an indebtedness of P1M with Bravo. Upon demand, Alpha paid Bravo by check the amount owed which was however dishonored for insufficiency of funds. For and in consideration of P800,000, Bravo assigned the credits to Charlie Inc. who brought suit against Alpha for the recovery of the amount owed which later on was moved for dismissal by Alpha on the ground that Alpha has not agreed for subrogation. Decide.

A) Alpha is not correct because this is a case of an assignment of credit. However, an assignment of credit needs the consent of the debtor.

B) This is a valid assignment of credit. However, Charlie did not acquire a right to sue in his own name.

C) Alpha Inc, is correct. This is a case of subrogation which needs its consent being the debtor.

D) Alpha is not correct because this is a case of an assignment of credit. The debtors consent is not essential for the validity of the assignment.

Question 3

In which of these cases is there no right of legal redemption?

A) Where the owner of urban land which is so small and so situated that it cannot be used for a practical purpose sells the same to a third person.

B) Where the co-owner of an undivided immovable property donates his undivided interest to a third person.

C) Where the owner of rural property one hectare or less sells his property to a third person who owns other rural land or lands.

D) Where a co-owner of an undivided immovable sells his interest to a third person.