Chattel Mortgage Law

GPTKB entity

Statements (22)
Predicate Object
gptkbp:instanceOf gptkb:law
gptkbp:appliesTo personal property
gptkbp:citation gptkb:Philippine_Civil_Code
Philippine jurisprudence
gptkbp:dateEnacted 1906
gptkbp:effectOfRegistration makes mortgage binding on third parties
gptkbp:enactedBy gptkb:Philippine_Legislature
gptkbp:excludes real property
gptkbp:foreclosureProcess public auction
gptkbp:governs creation of chattel mortgages
foreclosure of chattel mortgages
https://www.w3.org/2000/01/rdf-schema#label Chattel Mortgage Law
gptkbp:jurisdiction gptkb:Philippines
gptkbp:officialName Act No. 1508
gptkbp:penalty criminal liability
gptkbp:purpose to regulate the use of personal property as security for debt
gptkbp:registration yes
gptkbp:registrationOffice Register of Deeds
gptkbp:requires affidavit of good faith
gptkbp:subject chattel mortgage
gptkbp:bfsParent gptkb:Recto_Law
gptkbp:bfsLayer 7