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Chattel Mortgage
Salient points of distinction
REAL ESTATE MORTGAGE CHATTEL MORTGAGE
As the subject matter
Movable/Personal Property
Where registered
Register of Deeds
As to Registration Requirement
Both instruments must be recorded but even if not recorded, the mortgage would still be valid as between the parties
Bathan, MR
De La Salle Lipa – College of Law
Real Estate vs. Chattel Mortgage
Salient points of distinction
Bathan, MR
De La Salle Lipa – College of Law