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Ang Batas, Sa Simpleng Salita — your rights, finally explained.

Article 2132

RA 386 · Civil Code of the Philippines

ELI5— what this means for you

Antichresis: a debtor delivers immovable property to the creditor, who may use its fruits (collect rents, harvest crops) and apply them to the interest and principal of the debt.

Official text — RA 386

By the contract of antichresis the creditor acquires the right to receive the fruits of an immovable of his debtor, with the obligation to apply them to the payment of the interest, if owing, and thereafter to the principal of his credit. (1881)

Source: lawphil.net (RA 386 as amended)

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