2. The deed of mortgage must be signed by at least 2 witnesses.
3. Deed must contain an affidavit of good faith.
4. Deed must be accompanied by a certificate of oath [notarial acknowledgment].
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Free Legal Advice Philippines » GENERAL PRINCIPLES, UPDATES » LEGAL MATTERS, GEN PRINCIPLES, DOCTRINES, UPDATES » Commercial Law » Chattel Mortgage Law » REQUIREMENTS UNDER THE CHATTEL MORTGAGE LAW FOR THE VALIDITY OF A CHATTEL MORTGAGE
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