All mortgage registered on an emphyteutic lease disappears on the expiry of this lease.

The third party holder who has transcribed his title to the property may purge the property of any mortgage inscribed before the transcription of his title in the Land Registry.

The third party holder who has transcribed his title to the property may purge the property of any mortgage inscribed before the transcription of his title in the Land Registry.

It is true that your investment will be used to create a mortgage that is registered and secured directly with the land or building associated with that mortgage.

The notary will check that the seller can freely sell his/her property, and inform the buyer of any identified obstacle or legal risk – usually a mortgage on the property.

Finally, in 2009, Mr Hobohm transferred to Mr Kampik a further sum of EUR 1 448.72, which the latter claimed was needed in order to secure the discharge of a mortgage registered against the applicant.