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What is Chattel Mortgage and Property Classification about?

1) Lucia Manarang obtained a loan from Ernesto Esteban and secured it with a chattel mortgage on her house. When she did not repay the loan, Esteban sued and obtained a judgment allowing the house to be sold at auction. 2) Before the auction, Manarang offered to pay the judgment amount but the sheriff also demanded additional fees for publishing notice of the sale in newspapers. Manarang sued to prevent this. 3) The court held that while a house can be the subject of a chattel mortgage between parties, it

Author

Kim Barrios

Language

EN