Notice of a property affected by an insolvency proceeding
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, the effect is to block or freeze subsequent registrations, apart from implying a warning to third parties.
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)?
In this system the duration of the registration of this restriction will be indefinite (until removed or deleted).
4. Indicate the national legal sources about this judicial restriction
- Article 902(2), point 15 of the Civil Code
5. Please, give us an idea about the characteristics of the registration of this restriction in your system
The opening of the insolvency procedure can be noted in the land book of an immovable property that the immovable is included in the patrimony of the insolvent company.