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Lunkan wrote:My Tagalog is bad, so I don't understand much of your message, but you have perhaps use of this
"nakasanla ang inuupahang lupa"
A/ If you mean it's used as collateral by other than the TITLE owner, that's not legal. That's NOT a problem for the land owner, but a case between lender and borrower. The land CAN'T be taken by Foreclosure process by it wasn't signed by the land owner.
B/ If you mean you have a long time LEASE CONTRACT at land owned by other and the land owner sell or lose the land by Foreclosure, that's NOT a problem for you* because lease contracts follow the PROPERTY UNDEPENDING of who is the owner.
*Asuming you have a valid contract.
And asuming courts follow the laws...
A main law is lease contracts follow the property undepemding of who is ownerkhim020 wrote:
we have leasing contract for three years and paid it full. what we didnt know is the land was mortgaged to other people before us. And it was foreclosed. Now what we only have is the written agreement signed and sealed by the barangay and barangay chairman. One buyer wants to buy that land and told us that once he pay the land, we cant no longer use the fishpond anymore and the agreement with the owner and us in barangay will not be valid because we had agreement while the land is not in his name anymore.
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