Creditor’s hypothec over property attached in execution

A notarial bond is a form of security used by creditors to ensure the repayment of large sums of money loaned to debtors. Once a notarial bond is approved, a hypothec or a right is registered in favour of the creditor, at the Deeds Office in the area in which the property is located.

A notarial bond is a form of security used by creditors to ensure the repayment of large sums of money loaned to debtors. Once a notarial bond is approved, a hypothec or a right is registered in favour of the creditor, at the Deeds Office in the area in which the property is located.

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