Mortgage
A registration placed on the land registry of a real property in favor of a creditor to secure an existing or future debt.
This translation was prepared with AI and is being reviewed by an editor.
It is an in rem security placed on the land registry of a real property in favor of a creditor (bank or individual) for the purpose of securing an existing or future receivable. When the debt is paid, it is removed by a release deed.
Legal basis
Turkish Civil Code (TMK) art. 850 - 897
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