Major Codes1 min read
Article 2137Antichresis
Personal notes Saved on this device
0 / 5,000 charactersReport page issue
Answer First
Primary Text
The creditor does not acquire the ownership
of the real estate for non-payment of the debt within the
period agreed upon.
Every stipulation to the contrary shall be void. But the
creditor may petition the court for the payment of the
debt or the sale of the real property. In this case, the Rules
of Court on the foreclosure of mortgages shall apply.
(1884a)
Use With Care
Definitions and exceptions often appear before or after this text.
Court decisions may interpret, limit, or apply this provision.
Confirm amendment, repeal, effectivity, and official publication.
Plain Language