Seller v. Buyer: Conditional Transfer of Ownership Upon Full Payment

A contract for the sale of a building stipulated that the transfer of ownership would occur only upon full payment of the purchase price, but the buyer subsequently defaulted on installment payments, leading the seller to seek the termination of the sale and repossession of the property, while the buyer argued that the transfer of ownership should have occurred immediately upon signing the preliminary agreement based on the principle that ownership transfers upon the exchange of consent. The court rejected the buyer's claim, reasoning that the parties had explicitly agreed that the transfer of ownership was conditional upon the full payment of the price, meaning the clause establishing the suspensive condition for the transfer of title was valid and enforceable, overriding the general rule of immediate transfer upon agreement.