Contract Entered Into By A Minor Is Voidable And Annullable – The Manila Times - News Summed Up

Contract Entered Into By A Minor Is Voidable And Annullable – The Manila Times


I executed a contract of sale involving the property and delivered it to the new owners in the same year. “And when the action refers to contracts entered into by minors or other incapacitated persons, from the time the guardianship ceases. xxx” (Emphases Supplied)The contracts entered into by parties incapable of giving consent to a contract such as minors are voidable and annullable. Since minors are incapable of giving consent, there could be no concurrence of consent of the parties as an essential requisite of a contract. The action for annulment of a voidable or annullable contract shall be brought four years from the time the minor has reached the age of majority, or up until the minor has become 22 years old.


Source: Manila Times August 22, 2020 15:56 UTC



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