mortgaged property

When converting into money or selling off the mortgaged property, its marker price shall be referred to.

The amount of a claim secured by a mortgagor shall not exceed the value of his mortgaged property.

A type of acceleration clause requiring full payment of the balance of a mortgage upon the transfer of title of the mortgaged property .

the certificates evidencing the ownership of or the use right to the mortgaged property.

The right of mortgage shall lapse due to loss or destruction of the mortgaged property.

Article 200 After the right to the use of land for construction is mortgaged, the buildings erected thereafter are not mortgaged property.

If a party does not register the mortgaged property, he may not defend against the claims of third party.

The claim of a mortgagee upon mortgaged property.

However, the owner may sell this mortgaged property to another player at any agreed price.

Using a false property right certificate as guaranty or repeatedly using the same mortgaged property as guaranty in excess of its value; or;

To register the mortgaged property, a party shall submit to the registration department the following documents or their duplicates:

On the Setting up the Scope of the Mortgaged Property

The departments responsible for the registration of mortgaged property are as follows

Legal Regulation of the Treatment of the Mortgaged Property

The interest paid for acquisition of properties Re-mortgaged property

Transfers of the mortgaged property

Section 2 Mortgage Contract and Registration of Mortgaged Property

The mortgaged property is sealed up or distrained;