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Showing 411–420 of 57563 articles for “Art. s. 24 and 31”
…the mortgage agreement may not derogate. The sale price is paid in preference to unsecured creditors. If he is in competition with other mortgage creditors, he is paid in the rank assigned to him by…
…seizure of the mortgaged property, has a recourse in warranty under the conditions of ordinary law and a subrogatory recourse against the principal debtor.
After the sale, the third-party purchaser regains the real rights, in particular easements, that he had over the building before he acquired it.
In the cases provided for in the two preceding articles, the property must be valued by an expert appointed amicably or judicially. If its value exceeds the amount of the secured debt, the creditor ow…
Once summoned to pay, and without prejudice to the benefit of discussion provided for in the preceding article, the third-party purchaser may: -either pay, -or purge the property in accordance with th…
It may be agreed in the mortgage agreement that the creditor will become the owner of the mortgaged property. However, this clause has no effect on an immovable that is the debtor's principal residenc…
If the property is sold, the mortgage follows it into the hands of the third party purchaser. The third-party purchaser is thus obliged, within the limit of the registrations, for the entire secured d…
The mortgagee may also apply to the court for the property, if it is not the principal residence of the grantor, to remain in payment to him.
…rce, the information that tax returns must contain with a view to the application of existing taxes and duties, as well as the number of copies of such returns that must be supplied by each taxpayer.
…icular:1° By the extinction of the principal obligation subject to the case provided for in Article 2422;2° By the creditor's renunciation of the mortgage subject to the same reservation;3° By purge;4…
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