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The properties subject of the contract having been intended for commercial, and not for
residential, purposes, petitioners are entitled to retain the payments already made by the
buyer. RA 6552 expressly recognizes the vendor’s right to cancel contracts to sell on installment
basis industrial and commercial properties with full retention of previous payments. But even
assuming that the properties were not intended for commercial or industrial purpose, since
respondent paid less than two years of installments, it is not entitled to any refund.