Practice question
A purchaser argues that confirmation of a Rule 68 sale always defeats every statutory right of redemption, even where a governing law expressly grants one. Which is correct?
- Confirmation automatically repeals the governing law.
- Redemption is never possible in any judicial foreclosure.
- Every mortgagor has the same unrestricted period regardless of law.
- Section 3 expressly makes the sale's effect subject to redemption rights allowed by law.
- Only a private letter can create or eliminate redemption.
Legal references
- https://lawphil.net/courts/rules/rc_1-71_civil.html — Rule 68, Sections 1–4 and 6.
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