Philippine Bar review · Topic
Right of Redemption vs. Equity of Redemption
Explore Right of Redemption vs. Equity of Redemption in Foreclosure (Rules of Court, Rule 68; Act 3135, as amended by Act 4118; RA 8791, Sec. 47) for the…
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Practice questions
- In an ordinary judicial foreclosure with no special statutory post-sale redemption right, what is equity of redemption? Multiple Choice Easy
- Under the ordinary Act 3135 regime, excluding any special-law modification, what period does jurisprudence recognize fo… Multiple Choice Easy
- For a juridical person’s property sold extrajudicially in the bank-foreclosure setting governed by RA 8791 section 47, … Multiple Choice Easy
- A mortgagor in an ordinary nonbank judicial foreclosure offers the required full payment after auction but before the c… Multiple Choice Medium
- A corporation’s land is sold in an extrajudicial bank foreclosure governed by section 47. The certificate of sale is re… Multiple Choice Medium
- A corporation owns the land mortgaged to a bank. Its president and spouse are individual co-debtors. Following a covere… Multiple Choice Hard
- An ordinary private nonbank mortgage is judicially foreclosed. The sale has been validly confirmed, and no statute or a… Multiple Choice Hard
- Distinguish equity of redemption in ordinary judicial foreclosure from the ordinary statutory right after extrajudicial… Essay Medium
- State the section 47 redemption limit for a juridical person’s property sold through a covered extrajudicial bank forec… Essay Medium
- A bank loan has corporate and individual co-debtors, but the mortgaged land belongs entirely to the corporation. Explai… Essay Medium
- In the Section47 bank-redemption amount, what must be done with income derived from the property as specified by the st… Multiple Choice Easy
- Does Section47’s opening bank-foreclosure redemption provision expressly refer only to extrajudicial foreclosure? Multiple Choice Easy