Judicial Forms

Deedrae Joy Arizabal

 B i ll o f E x h a n ge
Negotiable Instruments Law

SEC. 126. A bill of exchange is an

unconditional order in writing addressed
by one person to another, signed by the
person giving it, requiring the person to
whom it is addressed to pay on demand
or at a fixed or determinable future time
a sum certain in money to order or to
bearer.
 l Estate Mortgage
Rea
A type of loan used to purchase or
maintain a home, land, or other types of
real estate. The borrower agrees to pay
the lender over time, typically in a series
of regular payments that are divided
into principal and interest. The property
then serves as collateral to secure the
loan.
Chattel Mortgage
Chattel Mortgage Law

SEC 3. A chattel mortgage is a conditional sale

of personal property as security for the payment
of a debt, or the performance of some other
obligation specified therein, the condition being
that the sale shall be void upon the seller
paying to the purchaser a sum of money or
doing some other act named. If the condition is
performed according to its terms the mortgage
and sale immediately become void, and the
mortgagee is thereby divested of his title.
 Pledge
A pledge is a bailment that conveys
possessory title to property owned by a
debtor to a creditor to secure
repayment for some debt or obligation
and to the mutual benefit of both
parties. The term is also used to denote
the property which constitutes the
security. The pledge is a type of
security interest.
 Article 2085. The following requisites are essential to the
contracts of pledge and mortgage:
(1) That they be constituted to secure the fulfillment of a
principal obligation;
(2) That the pledgor or mortgagor be the absolute owner of the
thing pledged or mortgaged;
(3) That the persons constituting the pledge or mortgage have
the free disposal of their property, and in the absence thereof,
that they be legally authorized for the purpose.Third persons
who are not parties to the principal obligation may secure the
latter by pledging or mortgaging their own property.
Spec ial Po w er of
Atto rn ey
A Special Power of Attorney, better
known simply as “SPA”, is a legal
document used in the Philippines which
authorizes another person to do things
on your behalf. Said document must be
notarized, which means that it should
be signed in front of a notary public.
 of Assignment
Deed
A Deed of Assignment is a contract where the
owner (the “assignor”) transfers ownership over a
certain property to another person (the “assignee”)
by way of assignment. As a result of the
assignment, the assignee steps into the shoes of
the assignor and assumes all the rights and
obligations to the property.

A Deed of Assignment is used when the owner

wants to transfer to another person the ownership
(and the rights and obligations) of the property.
 c re as e t he Nu mber
o f R es olu tio n t o In s to the
Board r s a n d A m en d m en t
of Dir ec to co rp or a t io n
Articles of In
Board resolutions, also sometimes
called 'Directors' Resolutions' are
records of the decisions the Board of
Directors makes when they meet. The
board resolution is a formal written
motion used to track details of an
organization's specific decision
including who voted, their role.
Thank You
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