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Showing 911–920 of 60371 articles for “Art. R 225-166-1 · ANSA 24-031”
Where the vessel is operated in joint ownership, each joint owner may mortgage his undivided share in the vessel. The manager may mortgage the vessel with the consent of a majority of interests repres…
The mortgage may only be granted by the owner of the building or by his authorised representative with a special mandate.
A mortgage granted on a seagoing vessel or on an undivided share of the vessel extends, unless otherwise agreed, to the body of the vessel and to all accessories, machinery, fittings and tackle. It do…
Ships and other seagoing vessels, including maritime drones as defined in article L. 5000-2-2 of the French Transport Code, which have been registered are subject to mortgages, unless they have been r…
A third-party purchaser who is not personally liable for the debt may oppose the sale of the property if other properties mortgaged to the same debt are still in the possession of the principal debtor…
The third party purchaser must compensate the mortgagee for the loss resulting from any deterioration that has reduced the value of the property through his own act or fault. However, he may obtain re…
If the sale price exceeds the mortgage debt, the difference is for the third-party purchaser, except for the rights of his creditors registered on the property.
An unpaid mortgagee may pursue the sale of the mortgaged property in accordance with the procedures set out in the Code of Civil Enforcement Procedures, from which the mortgage agreement may not derog…
The third-party purchaser who has paid the mortgage debt, or suffered the seizure of the mortgaged property, has a recourse in warranty under the conditions of ordinary law and a subrogatory recourse…
After the sale, the third-party purchaser regains the real rights, in particular easements, that he had over the building before he acquired it.
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