Ministry of Construction, Administration of Urban Real Property Mortgage Measures (Revised)
建设部城市房地产抵押管理办法 (修正)
October 31, 2001 | BY
clpstaff &clp articles &Promulgated: August 15 2001Effective: as of date of promulgationInterpreting Authority: State Council administrative department in charge of constructionMain…
Promulgated: August 15 2001
Effective: as of date of promulgation
Interpreting Authority: State Council administrative department in charge of construction
Main contents: The revised Measures make changes regarding the repayment period of secured debt, mortgage registration, damage to the mortgaged property and the failure of the mortgagor to settle claims and debts when the mortgaged property is to be demolished by the State due to construction requirements.
Related legislation: PRC, Administration of Urban Real Property Law, Jul 5 1994, CLP 1994 No.8 p23 and PRC, Security Law, Jun 30 1995, CLP 1995 No.6 p21
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