Encyclopedia
Special Entry
A special entry — granting the mortgagee the right to sell the mortgage after a certain period in order to retain from the proceeds the amount of the obligation secured by the mortgage1.
Federal Law No. 264-FZ dated December 22, 2008, "On Amending the Federal Law 'On Mortgage (Real Estate Pledge)' and Certain Legislative Acts of the Russian Federation," as amended on December 22, 2008, Article 1, paragraph 11 // RSZ RF. 2008. No. 52. Item 6219. ↩