Dear PAO,

Riza and I agreed that I will buy her land on installment basis for six months. There is a condition in the contract that the same is automatically terminated in case of my failure to pay for three consecutive months. I admit that I failed to pay her, but I tried to settle my obligations upon obtaining a sufficient fund. Riza, however, claimed the contract was already automatically terminated when I did not pay her. However, someone told me that a notarized notice for termination or demand for rescission is necessary for the contract to be considered terminated. Please guide me on this matter.

Aurea

Dear Aurea,

The nearest provision of the New Civil Code of the Philippines that may support your claim may be found under Article 1592 of the said law, which provides:

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