Commercial Credit Co. v. Soto Cardona
Supreme Court of Puerto Rico
1Opinion of the CourtJustice Wolf
It is perfectly trne that in Montalvo v. Valdivieso, 38 P.R.R. 487, and De Gracia v. Guardiola, 38 P.R.R. 513, we decided that a purchaser under a contract for a conditional sale had sufficient title to bring actions against third persons, just as if the conditional sale did not exist and he were the outright owner. These decisions do not affect the relations between the parties to the conditional sale. As the name implies, the contract reserves rights in the vendor. The purchaser has a defeasable title in a proper case at the instance of the vendor who has a reversionary title. The title, as…
2Cases cited4 opinions
- Conolley v. PowerCalifornia Court of Appeal · 1924
- American Law Book Co. v. Brunswick Crosstie & Creosoting Co.Court of Appeals of Georgia · 1913
- Mergenthaler Linotype Co. v. HullCourt of Appeals for the First Circuit · 1916
- Finance Corp. of America v. McGheeSupreme Court of South Carolina · 1927