Re-inscription

Re-inscription – in the area of Real Estate Law, this term refers to re-entering a mortgage on real estate, after the end of previously agreed term. The re-inscription in order to happen it needs another event to occur – for example, agreement between the loan issuer and the debtor for prolonging of the mortgage term; or in case of re-hypothecation. It is establishing of new, secondary mortgage on a real estate, with the role to secure new loan, obtained by the property owner.

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