Encyclopedia

The Right to Require Performance from the Obligated Party under a Disabled Documentary Mortgage


The right to require the obligated party to perform obligations under a documentary mortgage that has been immobilized is recognized as belonging to the person indicated in the depositor's account records as the owner of this documentary mortgage or any other person exercising rights under this documentary mortgage (ceased to be effective as of 2018-06-24)1.

  1. Federal Law No. 102-FZ dated July 16, 1998 "On Mortgage (Real Estate Pledge)", as amended on February 1, 2018, Article 13-1, paragraph 3, ceased to be effective as of June 24, 2018 // Official Gazette of the Russian Federation. 1998. No. 29. Item 3400. ↩