Notice of a mortgage foreclosure procedure pending on the property
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Judicial Restrictions
/ Notice of a mortgage foreclosure procedure pending on the property
This class corresponds to registrations or notices meaning that the property is under foreclosure, that is to say, subjected to a legal procedure that can lead to foreclosure and the legal consequences that in your national system can occur, such as the forced sale, public auction or repossession.
- Does your national system admit such restriction?
- 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?
- 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)?
- Indicate the national legal sources about this judicial restriction
- Please, give us an idea about the characteristics of the registration of this restriction in your system