|
|
BATASnatin LIVE Free Legal Advice
BATASnatin Live! Visit our YouTube channel for more details!
Tolentino v. CA, G.R. No. 171354, Mar. 7, 2007
What is the rule as to the redemption price in case the mortgagee is a banking institution?
Where the mortgagee is a banking institution, the redemption price is the amount fixed by the court in the order of execution or the amount due under the mortgaged deed. (Tolentino v. CA, G.R. No. 171354, Mar. 7, 2007)