Formal/Solemn Real Contracts, Civil Code
1. Concept “Formal/solemn real contracts”– refer to contracts that requires both formality/solemnity and delivery of the thing. a. Essential Requisites Essential requisites of formal/solemn real contracts: 1) Consent 2) Object 3) Cause 4) Formality/solemnity 4) Delivery 1) Consent Consent, under Article 1319 of the Civil Code, is manifested by the meeting of the offer and…