The third owner of a mortgaged property must be sued and required to pay, not merely notified
08 Jul 202669 views
Who is affected:
Financial entities, debt funds and buyers in mortgage auctions
Summary
The DGSJFP confirms that in mortgage executions the third registered possessor must be formally sued and required to pay. Mere notification of the procedure is insufficient.
Detailed analysis
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The Dirección General de Seguridad Jurídica y Fe Pública resolves an appeal against the negative qualification of the Córdoba Property Registry No. 2, which suspended the registration of a mortgage adjudication decree. The registrar found that the property was registered in favor of House Blue State SL since 2007, befo…
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