Redemption Periods in Mortgage

Mortgagor Non-Bank Mortgagee Bank Mortgagee

Judicial Foreclosure (Equity Redemption)

Natural Person Period fixed by the Court which shall be 90-120 days from final judgment OR before confirmation of the Sale Period fixed by the Court which shall be 90-120 days from final judgment OR before confirmation of the Sale 1 year from the date of Registration of the Sale in the Registry of Property

Juridical Person

1 year from the date of Registration of the Sale in the Registry of Property

Extra-Judicial Foreclosure (Right of Redemption)

Natural Person 1 year from the date of Registration of the Sale in the Registry of Property 1 year from the date of Registration of the Sale in the Registry of Property 1 year from the date of Registration of the Sale in the Registry of Property Before Registration of Sale OR 3 months after the approval of the Certificate of sale, WHICH EVER IS EARLIER

Juridical Person