In accordance with Article 2134 of the New Civil Code, in order to be effective in an anti-Chresis contract, it should be written whether the amount of capital or the amount of money borrowed and the profit calculated is written here and signed by both parties, the creditor and the creditor. If not written, the hosting contract does not perform well. If you want to consult « residence » problems with debts or the correct provision of profit on loans, register and register my website and www.e-lawyersonline.com. Dear PAO, my mother has a « living » contract with Mando with our untitled house and land in Taguig City (Metro Manila). The contract stipulates that my mother P300,000 borrowed from Mando and the latter to take the theme of the house and lot for two years or something like in 2014. It also provides that if my mother is not able to pay the million P300.00 after two years, Mando will own the property. We did not pay the P300,000.00 in 2014 to a mother who was suffering from a heart disease that caused her death. The « home » is a contract in which the creditor is authorized by the creditor to receive rents or income from the house and country of debt and is paid for the benefit or interest of the debt. In general, in a residence, the total rent in a door or room is to be paid for the tube. If the debt is still not paid, he cannot recover the right to rent or income from his property.
Such a contract is signed by law under section 2132 of the New Civil Code, it is called « Antichressis ». Discovered about the concept of offensive residence recently and it got my attention… My understanding is that you lend the homeowner a certain amount, says 300km, and you can use tge house. After a contractual time, says 2 years, leave the house and the owner makes your 300km. Not all scams are agorable, but ppls do. LMAO I know a lot about this trend in Olongapo, Zambales. It`s like saying Snare (assumed balance) is a scam. You won`t be betrayed if you know how it works. He also has a contract. The usual problem here is that the death of a sudden pace is that money is not available. Someone asks E-Lawyers Online if « residence » is legal and how much profit to pay here.