Provisions Common to Pledge and Mortgage

Provisions Common to Pledge and Mortgage

no Philippines on YouTube article 2085 the following requisites are essential to the contracts of pledge and mortgage one that they be constituted to secure the fulfillment of a principal obligation to that the plant Gorem or gagger be the absolute owner of the thing pledged or mortgaged three that the persons constituting the pledge

Mortgage

Mortgage

no Philippines on YouTube article 2120 for only the following property may be the object of a contract of mortgage one in rubles two alienable real rights in accordance with the laws imposed upon immovables nevertheless moveables may be the object of a chattel mortgage article 2125 in addition to the requisites stated in article