The ICO appeals the refusal to register mortgage clauses for building affordable rental housing in Alicante
09 Jul 202645 views
Who is affected:
Real estate developers, financial entities and registrars in corporate mortgages
Summary
The Property Registry of Alicante suspended the registration of several covenants of an ICO mortgage loan for building social rental housing. The General Directorate resolves the appeal filed by the ICO.
Detailed analysis
PRO
The General Directorate of Legal Security and Public Faith resolves the appeal of the Instituto de Crédito Oficial against the qualification of the Registrar of the Property Registry of Alicante nº 5, which suspended the registration of numerous clauses of a corporate mortgage linked to the ICO Housing and Urban Regene…
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