Article 2085

RA 386 · Civil Code of the PhilippinesKey provision

ELI5— what this means for you

Essential requirements for pledge and mortgage: (1) they secure the fulfillment of a principal obligation, (2) the pledgor/mortgagor is the absolute owner of the thing, (3) the persons can freely dispose of their property.

Official text — RA 386

Full article text is being added. Read the official text at officialgazette.gov.ph.

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