Philippine Bar review · Question

Practice question: Equitable Mortgage

Multiple Choice Easy

Practice question

Must all six Article1602 circumstances concur before the statutory presumption may arise?
  1. No; one qualifying circumstance suffices
  2. Yes; all six are indispensable
  3. Yes; and a seventh unlisted circumstance is always required
  4. Yes; every heir must agree
  5. Yes; only a criminal verdict can establish them

Legal references

  • Civil Code RA386: https://lawphil.net/statutes/repacts/ra1949/ra_386_1949.html Articles1602–1604,2088.
  • Lambo GR269085 February2026 MAIN: https://lawphil.net/judjuris/juri2026/feb2026/gr_269085_2026.html Principal debt and equitable mortgage.
  • Spouses Lontoc GR217860 January29,2024 MAIN: https://lawphil.net/judjuris/juri2024/jan2024/gr_217860_2024.html Scope of relief and foreclosure distinction.
  • GR244422 July2022 MAIN: https://lawphil.net/judjuris/juri2022/jul2022/gr_244422_2022.html Mortgagee remedy.

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