Article D514-6
Appraisers must write the amount of their estimate and the amount of the loan to be granted by the institution in full on the appraisal form and sign it.
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Showing 5341–5350 of 46349 articles for “Art. D. 146-2”
Appraisers must write the amount of their estimate and the amount of the loan to be granted by the institution in full on the appraisal form and sign it.
The amount of the loans, where they are secured by platinum, gold or silver goods, may not exceed four-fifths of their estimated value by weight. For other goods, this amount may not exceed two thirds…
If the institution loses all or part of the pledged item, the borrower is compensated by paying a sum equal to the appraised value of the item. This sum is increased by a fixed indemnity of 25%. The a…
Sales are carried out by the auctioneers attached to the establishment as appraisers. They are assisted, where necessary, by auctioneers and clerks chosen and paid by them. Failing this, sales are car…
…age rights, for which the liability of appraisers is limited to 10% of the amount of the loan granted. When the appraisal is carried out by several auctioneers, their liability is joint and several. T…
…buyers or sellers, depending on the case, is set by a decision of the Guidance and Supervisory Board. These duties are added to the auction price.
…ixes the guarantee. They are not returned to the successful bidder until the stamps have been affixed.
The Guidance and Supervisory Board determines the duration of the loans. This may not exceed two years, including the extension of loans.However, borrowers have the option of releasing their property…
The remuneration of appraisers is set by the Guidance and Supervisory Board. It may not exceed 0.50% of the amount of loans granted or renewed on the basis of the appraisal of pledged assets.
…tion on behalf of the institution. The Director shall draw up a list of the pledged assets to be sold. This list shall be made enforceable by an order of the president of the judicial court. Under no…
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