Among them one understands the protection of a credit by Verpfändung of a property or a house (material protection). It takes place via entry in the land register. Among the mortgage liens mortgages and land charges rank. If several mortgage liens rest on a property, then an order of rank is specified. A first-rate land charge offers highest possible security to the credit giver. Therefore one receives the most favorable interest rates for this form of the provision of security.
Contents: Mortgage liens, credit, land register, mortgage lien, land charges, interest rates, loans for officials