Practice question
Under Rule 68, Section 2, what payment period does the foreclosure judgment specify?
- Only one hour from the hearing.
- Exactly five years from the mortgage.
- Not less than 90 nor more than 120 days from entry of judgment.
- An indefinite period fixed solely by the debtor.
- Only after the property has already been demolished.
Legal references
- https://lawphil.net/courts/rules/rc_1-71_civil.html — Rule 68, Sections 1–4 and 6.
Answer this question in flashcards to review your response and continue practicing.