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Can I read Mortgage Validity in Duran Case on EtoBox?
Mortgage Validity in Duran Case by eiram23 is a document available to read on EtoBox.
What is Mortgage Validity in Duran Case about?
- Circe S. Duran owned two parcels of land that she purchased from the Moja Estate. She later sold the land to her mother, Fe S. Duran, who then mortgaged the properties to Erlinda B. Marcelo-Tiangco. - When Fe failed to redeem the mortgage, Erlinda initiated foreclosure proceedings and obtained a Certificate of Sale. - The court held that the mortgage executed by Fe was valid, even if the initial sale to her was fraudulent or forged. An innocent party who relies on a Certificate of Title is protected and
- Author
- eiram23
- Language
- EN