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PONCIANO T. MATANGUIHAN v. PARAN

This case has been cited 7 times or more.

2015-04-22
BRION, J.
For the presumption of an equitable mortgage to arise under any of the circumstances enumerated in Article 1602, however, two requisites must concur: (a) that the parties entered into a contract denominated as a contract of sale; and (b) that their intention was to secure an existing debt by way of mortgage.[34]
2014-11-12
VELASCO JR., J.
The Civil Code provisions that consider certain types of sales as equitable mortgages are intended for the protection of the unlettered such as the spouses Solitarios, who are penurious vis-a-vis their creditors.[27] In Cruz v. Court of Appeals.[28] the Court held -
2009-11-27
CARPIO, J.
An equitable mortgage is "one which although lacking in some formality, or form or words, or other requisites demanded by a statute, nevertheless reveals the intention of the parties to charge real property as security for a debt, and contains nothing impossible or contrary to law."[47] The essential requisites of an equitable mortgage are: The parties entered into a contract denominated as a contract of sale; and
2007-02-09
CALLEJO, SR., J.
An equitable mortgage is one that, although lacking in some formality, form or words, or other requisites demanded by a statute, nevertheless reveals the intention of the parties to change a real property as security for a debt and contain nothing impossible or contrary to law.[49]  A contract between the parties is an equitable mortgage if the following requisites are present: (a) the parties entered into a contract denominated as a contract of sale; and (b) the intention was to secure an existing debt by way of mortgage.[50]  The decisive factor is the intention of the parties.
2006-01-20
YNARES-SANTIAGO, J.
An equitable mortgage is defined as one which although lacking in some formality, or form or words, or other requisites demanded by a statute, nevertheless reveals the intention of the parties to charge real property as security for a debt, and contains nothing impossible or contrary to law.[15] For the presumption of an equitable mortgage to arise, two requisites must concur: (1) that the parties entered into a contract denominated as a sale; and (2) that their intention was to secure an existing debt by way of a mortgage.[16]
2005-09-20
Articles 1602, 1603 and 1604 of the New Civil Code were designed to prevent the circumvention of the use of usury[50] and the prohibition against the creditor appropriating the mortgaged properties.  Besides, in times of grave financial distress which render persons hard-pressed to answer an emergency, such persons would have no choice but to sign a deed of absolute sale of property if only to obtain a much-needed loan from unscrupulous money lenders.[51]