Legal definitions

Published by : dl

Land register

All real estate properties are entered in the land register. The land register is a public register under the cantonal authority. It provides information on owners and property rights (ownership, easements and land encumbrances, notes, and collateral).

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Real estate collateral

When granting a loan, the financial institution requires guarantees. In the case of a loan secured by real estate, the title cannot be transferred, since the borrower wants to either live in the house or rent it out.

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Statutory mortages

Statutory mortgages protect the interest of a company that has not yet been paid for its works or services on a real estate property.

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