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Act No. 190 Section 463

Sale of real property and certificate thereof.

Section 463

SEC. 463. Sale of real property and certificate thereof. — Upon a sale of real property, the purchaser shall be substituted to, and acquire all the right, interest, title, and claim of the judgment debtor thereto, subject to the right of redemption as hereinafter provided. The officer must give to the purchaser a certificate of sale containing: 1. A particular description of the real property sold; 2. The price paid for each distinct lot or parcel; 3. The whole price by him paid; 4. The date when the right of redemption expires. When the judgment under which the sale has been made is made payable in a specified kind of money or currency, the certificate must also show the kind of money or currency in which such redemption must be made, which must be the same as that specified in the judgment. A duplicate of such certificate must be filed by the officer in the office of the registrar of land titles of the province.

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Other provisions in CHAPTER XIX

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of 2026-07-04

CitationAct No. 190 Section 463 (LawPlayer, data as of 2026-07-04)

Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).

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