Legislator Giurisprudenza & Legislazione
KKO 2094/2007 Generato dall'IA

Supreme Court allows exchange of fixed-term security deed for mortgage deed upon creditor's request.

Numero d'incarto KKO 2094/2007
Autorità giudiziaria
Giurisdizione Finlandia (FI)
Data della decisione
Esito del giudizio Accolto (Allowed)

Sintesi Legislator

Generato dall'IA

The Supreme Court of Finland allowed the applicant's request to exchange a fixed-term security deed for a mortgage deed. The creditor requested this procedural change to align the security instrument with the underlying property rights, while the applicant argued for maintaining the original form. The court ruled that the exchange serves the same legal purpose and does not alter the substantive security arrangement.

Regesto Legislator

Generato dall'IA

Section 10 of the Security Act; Section 10 of the Mortgage Act: The court permits the exchange of a fixed-term security deed for a mortgage deed when the creditor requests it, provided the exchange does not alter the substantive security arrangement.

Parole chiave

Generato dall'IA
fixed-term security deed mortgage deed exchange creditor request security instrument conversion Supreme Court of Finland

Disposizioni normative citate

Generato dall'IA
Section 10 of the Security Act
Section 10 of the Mortgage Act

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