Can I read Real Estate Mortgage and Sale Deeds on EtoBox?

Real Estate Mortgage and Sale Deeds by eugzs109161 is a document available to read on EtoBox.

What is Real Estate Mortgage and Sale Deeds about?

The document is a deed of real estate mortgage between a mortgagor and mortgagee. It details a loan of [amount] from the mortgagee to the mortgagor, to be paid back within a year at 12% interest. To secure the loan, the mortgagor transfers ownership of a parcel of land covered by [TCT number] to the mortgagee. If the mortgagor defaults, they agree to pay legal fees of ₱250,000 plus ₱50,000 in litigation expenses. The mortgage will become null if the obligations are paid, otherwise it remains in effect.

Author

eugzs109161

Language

EN