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Article 2249

RA 386 · Civil Code of the PhilippinesKey provision

ELI5— what this means for you

If there are two or more credits with respect to the same specific real property or real rights, they shall be satisfied pro rata, after the payment of the taxes and assessments upon the immovable property or real right.

Official text — RA 386

If there are two or more credits with respect to the same specific real property or real rights, they shall be satisfied pro rata, after the payment of the taxes and assessments upon the immovable property or real right. (1927a)

Source: lawphil.net (RA 386 as amended)

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