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1. www.zigguratrealestate.ph › post › validity-of-anValidity of an extra-judicial repossession clause in a lease ...

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   Sep 5, 2022 · Precisely, in Article 1159 of Republic Act (RA) 386, otherwise known as the "New Civil Code of the Philippines," it is stated that: "Article 1159. Obligations arising from contracts have the force of law between the contracting parties and should be complied with in good faith."

2. www.foreclosurephilippines.com › 19-free-legal19 Free Legal Forms And Contracts From Philippine Legal Forms

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   Feb 10, 2020 · I would like to believe that most of you out there are future real estate investors that are about to venture into real estate investing very soon, so most of you will eventually need these forms & contracts. The available free samples of legal forms & contracts are listed below:

3. www.philippineslegalforms.com › contract-to-sellContract to Sell - Philippines Free Legal Forms

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   Mar 22, 2013 · This CONTRACT, made and entered into at _____,Philippines, by and between __________________, of legal age, single/married to _______________, ______________ citizen, and with residence and postal address at ________________, hereinafter called the SELLER.

4. www.alburolaw.com › foreclosure-of-a-real-estateFORECLOSURE OF A REAL ESTATE MORTGAGE - ALBURO LAW

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   Jun 1, 2022 · Real Estate Mortgage may be foreclosed without filing a complaint; A mortgagor or debtor may redeem his or her property; T here are two kinds of foreclosure under Philippine Laws. What are they? Under Rule 68 of the Rules of Court: The first kind of foreclosure of Real Estate Mortgage is called Judicial Foreclosure.

5. lawyerphilippines.org › sample-mortgage-contractSample mortgage contract - Lawyers in the Philippines - FCB

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   May 11, 2023 · Discussed in: Understanding mortgage contracts in the Philippines. REAL ESTATE MORTGAGE AGREEMENT. KNOW ALL MEN BY THESE PRESENTS: This Real Estate Mortgage Agreement executed by and between: [NAME], Filipino, of legal age, married and with address at _____________, hereafter called the Debtor/Mortgagor; – and –.

6. www.lamudi.com.ph › journal › real-estate-sampleSample Forms and Contracts for All Real Estate Transactions ...

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   The downloadable rental contract sample for Philippines-based tenants provided below can be used as a legally binding contract of lease, regardless of the property type. This states that one party is transferring their real estate rights to another.

7. People also ask

   What are two types of foreclosure under Philippine law?

   • T here are two kinds of foreclosure under Philippine Laws. What are they? Under Rule 68 of the Rules of Court: The first kind of foreclosure of Real Estate Mortgage is called Judicial Foreclosure. It is done by filing a complaint in the Regional Trial Court of the place where the property is located.

   FORECLOSURE OF A REAL ESTATE MORTGAGE - ALBURO LAW

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   Is a contract a law in the Philippines?

   • Incipiently, it is well to remember that a contract is the law between the parties. Precisely, in Article 1159 of Republic Act (RA) 386, otherwise known as the "New Civil Code of the Philippines," it is stated that: "Article 1159.

   Validity of an extra-judicial repossession clause in a lease contract

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   Is repossession illegal?

   • Intermediate Appellate Court (GR 81015 July 4, 1991) penned by Chief Justice Andres R. Narvasa is very enlightening where the Supreme Court held that it is not illegal, there being nothing in the law proscribing such kind of agreement allowing the extra-judicial right to repossession on the part of the lessor. Thus:

   Validity of an extra-judicial repossession clause in a lease contract

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   Does a lender need a copy of a contract to sell?

   • A lender bank will need a copy of the Contract to Sell in order to process a buyer’s loan. A real estate transaction subject to conditions is known as a conditional sale. The conditional contract to sell is one of the forms needed to buy property. Click the link to download the sample form.

   Sample Forms and Contracts for All Real Estate Transactions - Lamudi

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   What should a lessor do if a property is repossessed?

   • Nonetheless, guided by the jurisprudential pronouncement, it would be best if aside from the use of reasonable force and the consequent padlocking of the premise — the lessor should likewise stipulate on the proper inventory and attendant witness or witnesses in the actual exercise of repossession.

   Validity of an extra-judicial repossession clause in a lease contract

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   Can a lessor retake possession of a leased property?

   • Can it be validly stipulated in a lease contract that upon failure of the lessee to comply with the terms and conditions of the same and/or the lessee's default with the obligation to pay the monthly rentals, the lessor shall have the right — upon written notice to the lessee — to extra-judicially enter and retake possession of the leased property?

   Validity of an extra-judicial repossession clause in a lease contract

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8. www.lamudi.com.ph › journal › guide-buyingYour Guide to Buying Foreclosed Properties in the Philippines ...

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   Oct 25, 2018 · If you’re wondering what foreclosed properties mean, these are properties repossessed by either lenders or the local government. Foreclosure happens when the property’s titular owner cannot keep up the periodic repayments to a lender or the real property tax owed to the local government.