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Does ABS need to use real estate as collateral for real estate rent?
Second; Introduce some related concepts;
There is no so-called "property right type property"; Usually, the "70-year property right" mentioned by the seller refers to the 70-year use right of the land; The land use right is mainly obtained through transfer, and it can still be mortgaged without violating national laws and regulations.
What we usually call "property right" is "ownership of houses".
Third: related extended reading:
According to the laws of our country, the realization of mortgage must meet the following four conditions:
(1) Mortgage must exist effectively. If the mortgage is invalid or has been revoked, it cannot be realized.
(2) It must be that the debtor's performance period expires. Whether the time limit for the debtor to perform the debt expires is the time standard for determining whether the debtor performs the debt.
(3) The creditor has not been paid off. The creditor has not been paid off at the expiration of the debt performance period, indicating that the debtor has not fulfilled its obligations on time. No matter whether the debt is delayed or refused to be performed, the creditor can exercise the mortgage right to pay off the creditor's rights.
(4) Outstanding debts are not caused by creditors. Only when the debtor fails to pay off the debt and the creditor is not paid off can the mortgagee exercise the mortgage right. If the creditor fails to pay due to his own reasons, the mortgagee cannot exercise the mortgage right.
Fourth:
The ownership of the house shall be transferred from the time of registration and transfer. If the house continues to be occupied by the original owner and a third party after the parties have gone through the registration and transfer procedures, the occupier still has the obligation to deliver the house. The owner's super
House ownership
Failure to fulfill this obligation within the prescribed time limit shall be regarded as illegal infringement of the ownership of others' houses, and the owner may bring a lawsuit or make a request against them according to law.
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