Equitable Mortgage

This topic has no further subtopics. Explore its practice questions below.

1. Which circumstance is listed in Article 1602 as a basis for presuming an equitable mortgage?
2. Under Article 1603, how should doubt about a purported sale with right to repurchase be resolved?
3. Under Article 1605, what remedy may the apparent vendor seek in cases governed by Articles 1602 and 1604?
4. An apparent absolute sale is shown to be intended only to secure payment of a debt. The apparent buyer argues that Arti…
5. In a purported sale with right to repurchase, the apparent purchaser retains part of the stated purchase price for pers…
6. A document is called a sale with right to repurchase. The apparent vendor remains in possession, expressly undertakes t…
7. After an apparent vendor's repurchase period expires, the parties execute another instrument granting a new redemption …
8. A deed purports to be an absolute sale, but the parties' real intention is proved to be securing an existing debt. Expl…
9. A purported sale with right to repurchase states an unusually inadequate price. Explain the statutory significance of t…
10. In a case falling under Article 1602, the apparent vendee receives fruits or another benefit as supposed rent. Explain …
11. Does recognition of an equitable mortgage itself extinguish the principal debt merely because the deed was not a true s…
12. Must all six Article1602 circumstances concur before the statutory presumption may arise?