Article 2381
…pal of the debt. He is obliged, on pain of forfeiture, to provide for the conservation and maintenance of the property and may use the fruits collected for this purpose before setting them off against…
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Showing 4111–4120 of 44338 articles for “Art. CE 24-2-2017 n° 387972”
…pal of the debt. He is obliged, on pain of forfeiture, to provide for the conservation and maintenance of the property and may use the fruits collected for this purpose before setting them off against…
A mortgage is the assignment of a property as security for an obligation without dispossessing the person who sets it up.
When a guarantee of future debts terminates, the guarantor remains liable for debts arising previously, unless otherwise agreed.
A security interest is the allocation of an asset or a group of assets, present or future, to the preferential or exclusive payment of the creditor.
The object of the pledge may be movable fixed assets by destination. The order of preference between the mortgagee and the pledgee is determined in accordance with Article 2419.
…ungible things, the pledgor may, unless otherwise agreed, dispose of them on condition that he replaces them with the same quantity of equivalent things.
To be enforceable against the debtor of the pledged claim, the pledge of the claim must be notified to him or the debtor must intervene in the deed. Failing this, only the pledgor validly receives pay…
Securities on immovable property include liens, pledges on immovable property and mortgages. Ownership of the property may also be retained or assigned as security.
The benefit of discussion allows the guarantor to oblige the creditor to sue the principal debtor first. Neither a guarantor held jointly and severally with the debtor, nor a guarantor who has waived…
If there is more than one guarantor, the one who paid has a personal claim and a subrogatory claim against the others, each for its share.
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