Professional Documents
Culture Documents
Immovables
Alienable Real Rights
REAL ESTATE MORTGAGE (2) That the pledgor or mortgagor be the absolute owner of
Involves real property
the thing pledged or mortgaged;
It is not necessary that a
mortgagee must be in possession
(3) That the persons constituting the pledge or mortgage
of the property mortgaged for the
have the free disposal of their property, and in the absence
validity of the said accessory
thereof, that they be legally authorized for the purpose.
contract
No such right exists unless
Third persons who are not parties to the principal obligation
otherwise stipulated
may secure the latter by pledging or mortgaging their own
Judicial or Extrajudicial
Must be registered in the Registry
property. (1857)
of Property in order to bind third
persons
Notice here that Article 2125 requires that the Deed of Real