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Equitable Mortgage vs Absolute Sale: Protecting Property Rights in the Philippines
When is a deed of sale actually an equitable mortgage? The Supreme Court explains the legal presumption protecting property owners.
Jul 30, 1996equitable mortgageabsolute salecivil lawreformation of instrumentsphilippine supreme court
Equitable Mortgage vs Absolute Sale: When Philippine Courts Look Beyond the Deed's Title
Philippine courts can reclassify a deed of absolute sale as an equitable mortgage based on the parties' true intent and surrounding circumstances.