Real estate mortgage

Real estate mortgage

Real estate mortgage means that the debtor or a third person not transfer of real estate of possession as assurance for the obligee's right, the obligor fails to in real estate mortgage debt

, the creditor shall enjoy the auction the real estate and priorities are. Estate guaranty is along with China's land use rights system reform and the development of real estate, and produce a real estate use way, and is also a kind of financing risk prevention measures. Great real estate values, by its guarantee of the creditor as a subject matter, for the realization of the creditor's rights are beneficial.

All the development of economic construction, especially the development of real estate industry, real estate mortgage already more and more the creditor (mainly Banks and other financial institutions) by the form of guarantee as debt. The creditor based on real estate mortgage and enjoy the rights of called real estate mortgages. Real estate mortgage has sex and value of real right two basic properties.