LEGAL SUPPORT FOR REAL ESTATE PROPERTY BURDENS
Mortgages, confiscations/seizures and lawsuits/ are the property burdens and can be eliminated, lifted and deleted by the competent Land Registry when the debt that follows them has been fully paid. In this case, the legal procedure for their deletion should be followed so that the property is free of those burdens.
REAL ESTATE PROPERTY BURDENS
The Real Estate Property Burdens that need to be eliminated, removed, or deleted from registered Land are the following:
- Mortgage
- Seizure/confiscation
- Lawsuit
LEGAL SERVICES FOR DELETION OF PROPERTY BURDENS
- Preparation of an application for the revocation of the decision to register a mortgage notice to the competent court.
- Representation to the court.Â
- Registration of the decision at the competent land registry.
- Drafting of a claim under the special procedure for old claims which are registered.
- Receipt of the decision and registration in the land registry.
REGISTRATION OF A MORTGAGEÂ
There are cases where it is necessary to register a mortgage lien on a third party’s property to secure future claims.
The first and most common case concerns a housing loan contract, where the credit institution has to register a mortgage lien in order to secure and enforce the right to collect the capital in case of possible insolvency of the borrower.
Another case is the registration of a mortgage by a natural person or legal entity (not a credit institution) on the property of a third person to secure the right to collect the amount of money paid for the needs of a contract.
In general, in any case where it is deemed necessary to secure the money paid by a natural person or a legal entity.
Our legal services include:
- Preparation of an application for registration of a mortgage to the competent court.
- Representation to the court
- Receipt of the decision and deposit at the competent land registry.