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Showing 5391–5400 of 62793 articles for “Art. 1-2°”
Guarantees may be simple or joint and several. Joint and several liability may be stipulated between the guarantor and the principal debtor, between the guarantors, or between them all.
The postponement of the starting point, suspension or interruption of prescription may not have the effect of extending the period of extinctive prescription beyond twenty years from the day on which…
A surety bond is the contract by which a guarantor undertakes to the creditor to pay the debtor's debt in the event of the latter's default. It can be taken out at the request of the principal debtor…
The mortgage is indivisible, notwithstanding the division of the debt: the co-debtor who owns the mortgaged immovable is, on that immovable, held for the whole; each of the creditors has the whole imm…
A mortgage is the assignment of a property as security for an obligation without dispossessing the person who sets it up.
Mortgages are only granted in the cases and according to the forms authorised by law.
Other than those provided for by special laws, privileged claims on the generality of movables are: 1° Legal costs, on condition that they have benefited the creditor against whom the lien is asserted…
A mortgage may be legal, judicial or conventional.
All rights in rem in immovable property which are in commerce are subject to mortgages.
The mortgage extends to improvements made to the mortgaged immovable, as well as to accessories deemed immovable.
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