ASSIGNMENT

1. What is the Contract of Pledge? What are the requisites of a Contract of Pledge?

2. What is EQUITY OF REDEMPTION? Discuss and enunciate the doctrine in the

case of HUERTA ALBA RESORT, INC. VS. CA, 339 SCRA 534
3. What is the RIGHT OF REDEMPTION?

4. What is meant by the term PACTUM COMMISSORIUM? State the requisites of

PACTUM COMMISSORRIUM? Is PACTUM COMMISSORIUM prohibited? Is
this a valid undertaking? Why?

5. When is there PACTUM COMMISSORIUM? Provide at least three illustrations.

6. What is meant by the indivisibility of the contract of pledge or mortgage?

7. How is the Contract of Pledge Extinguished?

8. What are the kinds of Contracts of PLEDGE?

9. What are pledges created by operation of law (LEGAL PLEDGES)?

10. What is the purpose of pledge and mortgage? What happens to the contract of
pledge when the principal obligation is void in itself?

11. Supposing, it is the contract of pledge that was invalid, what happens to the
entire obligation?

12. What are the requisites of Art. 2107?

13. What is Real Estate Mortgage?

14. Distinguish Real Estate Mortgage from Chattel Mortgage.

15. What are the kinds of Mortgage?

16. What are the essential requisites of a contract of real estate mortgage?

17. What are the effects of registration or recording with the appropriate Registry of
Property?

18. State the Characteristics of Real Estate Mortgage. Explain thoroughly.GNEMENT

19. What is meant by the term DRAGNET CLAUSE? Provide at least three
illustrations?
20. What is meant by the term PACTO DE NON ALIENADO? Provide at least three
illustrations?
21. What is meant by the term FORECLOSURE? What are the kinds of
FORECLOSURE? Explain each.

22. What are the types of forced sales arising from failure to a mortgage debt,
recognized under our jurisdiction?

23. What is meant by redemption? State the valid requisites for redemption?

24. What is the RIGHT OF REDEMPTION? Distinguish from EQUITY of

REDEMPTION. Take emphasis on the important periods and dates.

25. What is the so called alternative actions/remedy available to the Mortgagee?

26. What is meant by JUDGMENT OF FOECLOSURE? What is meant by

DEFICENCY JUDGMENT?

27. What is the remedy to be undertaken by the mortgagee, if the proceeds of the sale
of the mortgaged property is not sufficient to cover the amount due?

28. What is a contract of Chattel Mortgage? What is the affidavit of good faith in
chattel mortgage?What is the consequence of absence of the affidavit of good
faith in a chattel mortgage?

29. What are the characteristics of a chattel mortgage?