The DGSJ confirms that the assignment of rental income as debt security is not registrable in the Personal Property Registry
14 Oct 20260 views
Who is affected:
Companies and individuals who use rental income as security for debts with financial entities
Summary
The General Directorate refuses to register in the Personal Property Registry the assignment of rental collection rights as security for a debt, confirming the refusal of Barcelona registrars.
Detailed analysis
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The DGSJ resolves that the assignment of credits arising from lease contracts as security for a debt—whether pro soluto or pro solvendo, on current or future credits—does not constitute an act registrable in the Personal Property Registry. Barcelona registrars denied the registration of a 2017 policy and two subsequent…
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