Free Legal Advice Philippines

Disclaimer: This web site is designed for general information only and does not create attorney-client relationship. Persons accessing this site are encouraged to seek independent counsel for legal advice regarding their individual legal issues.

Log in

I forgot my password




You are not connected. Please login or register

land pawning

View previous topic View next topic Go down  Message [Page 1 of 1]

1 land pawning on Wed Nov 09, 2011 11:29 am

cathtordil


Arresto Menor
ask ko lng po if ung land na naipawn eh may expiry? kz ung pinag sanglaan ng lupa halos ayaw na ibalik ung lupa sa amin. naisanla lng po nmin un ng 30 thousand last 2007 at ngaun sinisingil kami ng 200k bayad. what would be the best thing to do po?

View user profile

2 Re: land pawning on Wed Nov 09, 2011 12:00 pm

brazil


Arresto Menor
if i may correct you cannot pawn a land because contract of pledge can be on personal or movable properties only. Anyway, can you please detail what are the documents if any have you signed or prepared so can have proper appreciation of your case. It would depend on the agreements you made, it might be a mortgage or ANTICHRESIS.

View user profile

3 Re: land pawning on Wed Nov 09, 2011 2:59 pm

cathtordil


Arresto Menor
nothing have been sign sir.. only the original copy of the land title has been given..the pawner said that it has a timeframe but as far as I know we did ot sign any documents.

View user profile

4 Re: land pawning on Wed Nov 16, 2011 1:17 pm

brazil


Arresto Menor
If you haven't signed any document, there is no way your creditor can acquire the land because it cannot be transferred to his/her name. the best way is to settle your obligation with your creditor. If he/she insists not to give you the title you may file a case against him/her to compel to give you the title and that would entail another cost. Anyway you can sell the land anytime at reasonable price to any person then settle your obligation with your creditor.

Primarily your creditor cannot transfer to his/her name the title to the property.

View user profile

5 Re: land pawning Today at 11:08 am

Sponsored content


View previous topic View next topic Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum