A Study on the deversion of the registration of settlement of mortgage and financial practice
There has been a discussion on this subject it is wondering that we can't be use for a effective registration for another case with agreement of each other if the registration of mortgage, which is invalidation with repayment of secured credit, remains without cancellation of the registration of mortgage. we call this matter diversion of registration of mortgage.
This is under discussion for a side of practice that It could be a very useful way to save time and money if somebody can reuse previous registration in the future that debt is payed off, while hasn't been conducted a cancellation of registration of mortgage which is already invalided.
A theory and precedent have a effect of diversion providing if there aren't an interest because a third person who get new registration after cancellation of the registration could have unexpected damage if there are unlimited permit for diversion of invalid registration.
This thesis is about heed regarding practical finance following study recent cases about diversion at the registration of mortgage.
There are many cases a kind of diversion, we need a careful attention as according with practical needs and the characters of mortgage.