Under the Maceda Law, what happens if a buyer fails to fulfill their payment obligations on an installment plan?

The correct answer highlights the protective measures established under the Maceda Law for buyers who are unable to meet their payment obligations for properties acquired through installment plans. This law is designed to safeguard buyers' rights, providing them with specific protections in situations of default.

If a buyer fails to fulfill their installment payment obligations, the Maceda Law stipulates certain rights and recourse for the buyer, rather than immediate punitive measures like losing the entire down payment or voiding the contract outright. The law allows the buyer to retain some degree of interest in the property and provides them with opportunities to rectify their payment situation.

These protections ensure that buyers are not disproportionately disadvantaged in instances where they may struggle financially, emphasizing the law's intention to create a fair and just environment in real estate transactions. Therefore, the provision under the Maceda Law that upholds the buyer's rights in case of default reflects the overall goal of promoting equitable treatment within the realm of property transactions.