Transmissibility of obligations
All rights acquired by virtue of an obligation are generally transmissible. The pertinent legal basis is found in Article 1178 of the Civil Code, to wit:
The exceptions to this rule are: a) nature of obligation; b) prohibited by law; and c) prohibited by stipulation of parties. Moreover, only personal obligations, or those identified
with the persons themselves are extinguished
by death. (Stronghold Insurance Co. v.
Republic-Asahi Glass Corp., G.R. No. 147561, 2006)
Art. 1178. Subject to the laws, all rights acquired in virtue of an obligation are transmissible, if there has been no stipulation to the contrary. (1112)
The exceptions to this rule are: a) nature of obligation; b) prohibited by law; and c) prohibited by stipulation of parties. Moreover, only personal obligations, or those identified
with the persons themselves are extinguished
by death. (Stronghold Insurance Co. v.
Republic-Asahi Glass Corp., G.R. No. 147561, 2006)