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Lexiel/Glossary/Mortgage
Legal definition
Civil law

Mortgage

Real security right burdening real property to guarantee an obligation without transfer of possession. If the debtor defaults, the creditor may foreclose and obtain judicial sale of the property.

Arts. 1857-1886 CC / LH / Ley 5/2019 LCCI

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Mortgage: Legal definition | Lexiel Glossary