Can I mortgage the parking space?

1. Can the parking space be mortgaged?

In fact, parking spaces can be used as collateral for loans, but only if the property rights of parking spaces have been obtained. Within the scope of the law, in principle, as long as the applicant is willing to mortgage, he can apply for loan mortgage, which means that the parking space not only has room for appreciation, but also can be used as a means of mortgage loan. : 1. mortgage loan, also known as "mortgage loan". Refers to a loan method adopted by some national banks. The borrower is required to provide a certain amount of collateral as loan guarantee to ensure the repayment of the loan at maturity. Collateral is generally easy to preserve, wear and tear and sell, such as securities, bills, stocks, real estate and so on. After the loan expires, if the borrower fails to repay the loan on time, the bank has the right to auction the collateral and repay the loan with the proceeds from the auction. The balance of the auction money after paying off the loan shall be returned to the borrower. If the auction money is not enough to pay off the loan, the borrower will continue to pay off. According to the scope of collateral, it can be roughly divided into six categories: (1) inventory mortgage, also known as commodity mortgage, refers to all kinds of goods mastered by labor and commerce, including commodities, raw materials, products in process, finished products, etc., and applies for loans from banks. (2) Customer account mortgage refers to the short-term loan secured by accounts receivable; (3) Securities mortgage, in which stocks, bills of exchange, promissory notes, certificates of deposit, bonds and other securities are used as collateral to obtain short-term loans; (4) Equipment mortgage refers to mechanical equipment, vehicles, ships, etc. As a guarantee for obtaining regular loans from banks; (5) Real estate mortgage, that is, the borrower provides land, houses and other real estate mortgages to obtain loans; (six) mortgage of life insurance policy refers to the establishment of mortgage right on the claim of insurance money. It takes the surrender amount of life insurance contract as the limit, and the insurance policy as the mortgage to issue loans to the insured. In any of the following circumstances, the Company has the right to dispose of the collateral: 1. When the loan contract expires, the borrower maliciously evades the debt; 2. When the loan contract expires, the borrower is unable to repay the loan principal and interest; 3. If the borrower dies or is missing, his legal successor refuses to repay the loan principal and interest. The proceeds from the disposal of collateral shall be paid before the principal and interest of the loan are repaid. If the income is insufficient, the company has the right to pursue it until it is fully collected.

2. What are the ways of parking space mortgage?

First of all, like real estate mortgage loan, parking space mortgage loan must be carried out with the consent of the applicant. And conduct transactions within the scope permitted by law. Due to the complicated procedures of handling parking space mortgage loan, it needs to go through a series of processes such as property right evaluation, property right confirmation and mortgage registration, which is not only complicated in steps, but also long in application period. Therefore, many banks require loans of more than RMB100000 to allow parking spaces to be mortgaged.

3. What are the ways of parking space mortgage?

First of all, like real estate mortgage loan, parking space mortgage loan must be carried out with the consent of the applicant. And conduct transactions within the scope permitted by law. Due to the complicated procedures of handling parking space mortgage loan, it needs to go through a series of processes such as property right evaluation, property right confirmation and mortgage registration, which is not only complicated in steps, but also long in application period. Therefore, many banks require loans of more than RMB100000 to allow parking spaces to be mortgaged.

Fourth, how to mortgage the parking space?

It depends on the size and location of the bank you go to!

If parking spaces are used for loans, ordinary banks will not accept them, and some small commercial banks will consider using parking spaces and property rights as collateral for mortgage loans. At the same time, if in some first-tier cities, places with good roads and high parking spaces, banks will also consider handling mortgage loans for them.