Article 229
ELI5— what this means for you
The petition shall contain the following particulars: (1) Description of the property; (2) An estimate of its actual value; (3) A statement that the petitioner is actually residing in the premises.
Official text — RA 386
The petition shall contain the following particulars:
(1) Description of the property;
(2) An estimate of its actual value;
(3) A statement that the petitioner is actually residing in the premises;
(4) The encumbrances thereon;
(5) The names and addresses of all the creditors of the petitioner and of all mortgagees and other persons who have an interest in the property;
(6) The names of the other beneficiaries specified in article 226.
Source: lawphil.net (RA 386 as amended)
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