Legal Encyclopedia. the letter and

MORTGAGE

- Secured by real estate, which remains in the possession and use of the mortgagor.

Subject to state registration and shall be included in the Unified State Register of rights to immovable property.

I. The subject can be:

1) land;

2) the enterprise;

3) enterprises, which are used in predprinimatelskoydeyatelnosti;

4) houses and apartments;

5) cottages;

6), garages and other buildings for consumer purposes;

7) air and marine vessels;

8) inland waterway vessels;

9) space objects. And not allowed .:

1) property that has been withdrawn from circulation;

2) the property on which it is impossible to foreclose;

3) a property in respect of which privatization is prohibited, or, conversely, is obligatory.

Pledger can be both the debtor and a third person who is not involved in the undertaking.

The mortgagee may assign its rights to others. To do this, use a BS - nominal valuable paper, which confirms the presence of its owner at the same time the rights of the lender and their security.


<< Contents <Prev Next>