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Lexiel/Glossary/Mortgage — Formation and Registration
Legal definition
Civil law

Mortgage — Formation and Registration

Real security right over property that remains in the debtor's possession but secures the debt. Created by public deed and registration in the Property Registry. Upon default, the creditor may enforce the security.

Arts. 1857-1886 CC / LH

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Mortgage — Formation and Registration: Legal definition | Lexiel Glossary