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Philippine Bar review · Topic

Right of Redemption vs. Equity of Redemption

Page 2 of practice questions on Right of Redemption vs. Equity of Redemption in Foreclosure (Rules of Court, Rule 68; Act 3135, as amended by Act 4118; RA…

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Practice questions

  1. Under Rule68 Section2, what payment window must the foreclosure judgment generally specify? Multiple Choice Easy
  2. A natural-person mortgagor’s bank mortgage is judicially foreclosed in a case governed by Section47. The creditor says … Multiple Choice Medium
  3. A Section47 redemption computation includes PHP1,000,000 due under the deed, PHP100,000 applicable interest and PHP40,0… Multiple Choice Medium
  4. In a covered bank foreclosure, the mortgagor offers only the auction bid price as redemption payment. The amount due un… Multiple Choice Hard
  5. A private nonbank judicial foreclosure judgment grants the Rule68 payment period. Before its expiration the debtor tend… Multiple Choice Hard
  6. Explain why an ordinary nonbank judicial-foreclosure statement about equity of redemption cannot simply be applied to e… Essay Medium
  7. Identify Section47’s bank-redemption payment components and explain the treatment of property income. Essay Medium
  8. Explain the function of Rule68 Section2’s ninety-to120-day period from entry of judgment. Essay Medium