Sanlang Tira

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Sanlang Tira

Jomer
Good Day Po.

I just want to ask for an advice, my mother lend a money worth 50,000 pesos in an aggreement that they will be staying in our house for free until we have paid our debt (sanlang tira) but the first lendor owes a money to another person and colateral our house without our consent. To lessen the burden we have an agreement in the barangay that we will be transfering the loan to the 2nd lendor whom the 1st lendor owes money, in another agreement that they will be renting the house and the profit will be colected by the 2nd lendor for 3 years or until we have paid the owed money, unfortunately 3 years have lapsed last june 2017 but this december we have paid the loan amount. What legal documents or advise you could give since we want to have a clear closure on the aggreement and especialy we dont want to get tricked. Hoping you could help me,

many thanks
Jomer