Players can sell their certificates as hypothec
to the bank.
Mortgage is a consumer credit in which the creditor bank receives temporary housing hypothec
from the customer as repayment warrant.
Moreover, still at the legislative level, the new code contains some borrowings that have been civilized, in particular the trust (42) and the movable hypothec
It is a service to keep the registers of transfer, hypothec
and registration of any kind under state guarantee.
Just early last year a problem arose related to the change of civil law about the implementation of Hypothec
which affect financial lenders.
Mortgage loan interest rate, reimbursement and guarantees Modalities Description Interest Rate Fixed Interests vary according to variations of the indexed rate Progressive Interests increase in accordance with the time course Mixed Combination of regimes Reimbursement Pattern The French method is applied Grace Period Period of time where there is payment of interests without capital amortization Deferred Capital Part of capital in debt is postponed to the end of the loan Guarantees Hypothec
Serves as a guarantee in case of absence of debt payments Bail A third economic agent will pay the debt in case of default Life Insurance Covers the loan in case of disability or death Source: Banco de Portugal (2011b).
Where a creditor holds a hypothec
on a universality or on an individual thing, the hypothec
can extend to property that replaces the original property, if the latter has been alienated.
They are guaranteed by a third hypothec
on the universality of the Company s assets and bearing interest at the annual rate of 12%.
The legal environment is very important for negotiations on construction and real estate, because it includes the legislation which regulate real estate, ownership rights and the trust (servitude, usufruct, right to mortgage, long-term rent, hypothec
Ainsi, nous traduisons << hypotheque >> par hypothec
et non par mortgage.
65) It even goes so far as to create a legal hypothec
on the unit sold as security for the unpaid contributions.
To those entitled by their participation in the construction of an immovable, the law gives a Legal Hypothec
, which means: