Notary Submission of Physical Mortgage Documents for Land Registry

The supervisory authority for notaries issued a directive concerning mortgage transactions involving changes to the debt amount, conversion of mortgage rights, or other notarial acts where the physical mortgage title, assignment of mortgage bonds, or transfer declarations for registered debt certificates must be submitted to the land registry office. The court mandated that the notary must obtain these documents from the parties and submit them simultaneously with the registration application to the land registry office, specifically requiring the physical title documents for paper debt certificates, the underlying claim documentation for mortgage bonds, or the written transfer declaration for registered debt certificates involving creditor rights transfers, while also recommending the inclusion of a clause in the public deed stating that registration only occurs upon receipt of these documents.