3 KINDS OF MORA

3 KINDS OF MORA:

1. MORA SOLVENDI (mora of the debtor) – delay of the obligor or debtor to perform his obligation.

                Requisites:

                -positive act or prestation of the debtor

                -obligation should be demandable, due and liquidated.

                -that the debtor shall delay by fraud or by negligence

                -creditor should demand  either judicially or extra-judicially.

2.MORA ACCIPIENDI (mora of the creditor) – the delay of the obligee or creditor to accept the delivery of the thing which is the object of the obligation.

                Requisites:

                -the fulfilment requires the act of cooperation on the part of the creditor.

                -that the debtor has done what is incumbent upon him

                -refusal by creditor.

3.COMPENSATIO MORAE – the delay of the parties or obligors in reciprocal obligations.