THE BRIGHT AND DARK SIDES OF THE NEW MORTGAGE AFTER THE AMENDMENT OF THE LAW ON LAND AND MORTGAGE
Journal Title: Annuals of the Administration and Law - Year 2013, Vol 1, Issue 0
Abstract
A mortgage is the only form of security claims on the property. It is regulated by the Law on Land and Mortgage, which in the current legal system works for many years. Therefore, it was necessary to introduce the amendment to remove the doubts of the mortgage with it. At the same time changes were related to the mortgage provisions of the Code of Civil Procedure, bankruptcy and reorganization, and others. The biggest problem was the simple distinction between mortgages and capped. This division produces theoretical and practical problems, a bad choice has serious consequences to the creditor. There is currently no detailed contract, without the need for disclosure in the land register entry on the occasion of the mortgage, the limit of mortgages, mortgage-set are covered by a claim for interest, both statutory and contractual claims for granted and costs. A new mortgage is to secure a number of claims in different legal relationships, if the creditor is entitled to the same.<br/><br/>
Authors and Affiliations
Agnieszka Huras, Anna Rej
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