Denial of Registration of Family Use Right Following Mortgage Foreclosure of the Property
07 Aug 202667 views
Who is affected:
Holders of use rights over mortgage-foreclosed properties and property registrars
Summary
The Property Registry denies registration of a family use right because the mortgage foreclosure extinguished all rights over the property. The General Directorate resolves the appeal by analyzing whether rights prior to the mortgage subsist following the foreclosure.
Detailed analysis
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The Dirección General de Seguridad Jurídica y Fe Pública resolves an appeal against the negative qualification by the Madrid Property Registry no. 25, which denied registration of a use right judicially awarded in 1988 for marital separation. The registrar argued that the 2014 mortgage foreclosure extinguished all righ…
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