Cap. 16 · Civil Code (Cap. 16)
Cap. 16 Art. 1381Delivery of movable property by mere consent.
Sub-title IV
The delivery of movable property takes place also by the mere consent of the parties -
(a) when the thing sold is already in the possession of the buyer; or
(b) when the seller who has reserved to himself the enjoyment of the thing sold acknowledges that he holds the thing on behalf of the buyer; or
(c) when the transfer of the thing sold cannot be effected at the time of the sale: Provided that in the cases mentioned in paragraphs (b) and (c), such delivery shall not operate to the prejudice of third parties.