Mortgage

Estate

What is it?

The mortgage is a right of pledge on real estate. Creates a real right of persecution in favor of the creditor, to guarantee the fulfillment of an obligation by the owner or a third party.

FAQs

Mortgage

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1. How many types of mortgages are there?

There are two types of mortgages: the closed, which seeks to guarantee the payment of a specific debt whose conditions can not vary; and the open, which covers several debts and its value value may change over time.

Requirements

Citizenship card of debtor and creditor.
If one of the parties is a legal entity, a certificate of existence and legal representation is required.
Public deed.
Letter of approval of the credit, if the creditor is a financial entity.
Peace and save (good standing certificate) of property tax and valuation.

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