Notice of a mortgage foreclosure procedure pending on the property

1. Does your national system admit such restriction?

This land register system envisages this kind of notice or includes the possibility of registering a notice as such.

2. In your system, once registered this restriction, does it block or freeze subsequent registrations (mostly the ones promoted by the owner of the property) until being removed?

Once registered this restriction, it does not block or freeze subsequent registrations.

3. In your system, in principle, will the registration of this restriction be temporary (under a deadline) or indefinitely (it will be in force until being removed)?

Registration has to be renewed within 20 years not to lose its effectiveness.

4. Indicate the national legal sources about this judicial restriction

Not answered.

5. Please, give us an idea about the characteristics of the registration of this restriction in your system

In Italy we don’t have a foreclosure procedure typical only for mortgage.

A legal procedure that could lead to a forced sale always begins with a repossession act (see answer n. 8).