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Free Legal Advice Philippines » GENERAL PRINCIPLES, UPDATES » LEGAL MATTERS, GEN PRINCIPLES, DOCTRINES, UPDATES » Commercial Law » Bulk Sales Law » EXEMPTED TRANSACTIONS

EXEMPTED TRANSACTIONS

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1EXEMPTED TRANSACTIONS Empty EXEMPTED TRANSACTIONS Sat Sep 20, 2008 11:41 pm

barrister

barrister
Reclusion Perpetua

1. When accompanied with a written waiver by all the seller/mortgagor’s creditors
2. The law does not apply to executors, administrators, receivers, assignees in insolvency, or public officers, acting under legal process
3. Sale or mortgage is made in the ordinary course of business
4. Sale by assignee in insolvency or those beyond the right of creditors
5. Sale of properties exempt from attachment or execution

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Free Legal Advice Philippines » GENERAL PRINCIPLES, UPDATES » LEGAL MATTERS, GEN PRINCIPLES, DOCTRINES, UPDATES » Commercial Law » Bulk Sales Law » EXEMPTED TRANSACTIONS

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