KATARUNGANG PAMBARANGAY

HOW CAN THE SALE OF PERSONAL PROPERTIES HAPPEN?
A NOTICE OF SALE SHALL BE POSTED IN 3
PUBLIC PLACES. FOR PERISHABLE GOODS
IMMEDIATELY UPON TAKING POSSESSION, THE
SALE SHOULD TAKE PLACE WITHIN 24 HOURS.
FOR OTHER GOODS IMMEDIATELY UPON TAKING
POSSESSION, THE GOODS MUST BE SOLD
WITHIN 5 TO 10 DAYS.
THEN, A PUBLIC AUCTION OF GOODS SHOULD BE DONE
BETWEEN 8 AM TO 5 PM AND THE OWNER MAY DIRECT THE
ORDER OF THE SALES. THE PUNONG BARANGAY, SECRETARY OR
ANY LUPON MEMBER MAY NOT TAKE PART IN THE SALE.
THE PREVAILING PARTY IS THEN PAID AN AMOUNT
CORRESPONDING TO THE OBLIGATION. EXCESS PROCEEDS ARE
RETURNED TO THE PARTY OBLIGED. IF THE PREVAILING PARTY
IS A BUYER, S/HE SHALL ONLY PAY THE EXCESS OF THE
OBLIGATION TO THE PARTY OBLIGED.
ARE THE PROPERTIES
SUBJECTED FOR
EXECUTION?
NO, THERE ARE
PROPERTIES
EXEMPTED FOR
EXECUTION.
50 A HANDBOOK