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23.12.2011
Lahd rent control
The essence of the contract of mortgage of premises is that in case of loan repayment by the debtor the creditor is entitled to sell his living room and out of the proceeds to repay the loan and the remainder of the funds to return the former owner of the premises. In residential mortgages there are first realty auburn al not enough questions in this form of legal relations is convenient to use as collateral for the loan agreement to provide mortgage loan. Suppose there is a situation in which realty firm has received a loan in return for a mortgage, the term of the loan agreement has expired and the parties wish to enter into a new credit agreement or to extend the old one. The question arises as to whether to make any changes in the mortgage agreement? 9 of the Federal Law of July 16, 1998 ¹ 102-FZ "On Mortgage (mortgage)," a contract of mortgage, in particular, specify the period of execution of the obligation secured by mortgage. And when the conditions of the principal obligation (in this case - the credit agreement), as was the mortgage, the relevant changes, which are subject to state registration shall be entered into the contract and mortgage. Laying the property under a contract of mortgage, for example, still unfinished object, real estate firms can get the money to continue construction. The popularity of such contracts is the fact that the jurisprudence is quite a lot of controversy associated with the mortgage. The most interesting of them summed up the Presidium of the Russian Federation in the information letter dated January 28, 2005 ¹ 90. But especially when you consider the mortgage advance, courts can avoid altogether.
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