Sample mortgage contract

Important: Mortgage agreements should be annotated on the Title to the property at the Register of Deeds in order to be effective against persons who are not party to the contract. Discussed in: Understanding mortgage contracts in the Philippines     REAL ESTATE MORTGAGE AGREEMENT   KNOW ALL MEN BY THESE PRESENTS:   This Real Estate Mortgage Agreement executed … Continue reading Sample mortgage contract

Mortgage contracts in the Philippines

One of the problems with the law is that people don’t understand it. Even lawyers, who have actually studied and practiced it for years, argue with each other about what the law means. So it isn’t surprising that many people enter into a contract like a mortgage agreement without understanding that the provisions of that … Continue reading Mortgage contracts in the Philippines