Round Table on Security Rights over Immovable Property (Part 1) – Objectives and Working Methods

Abstract

Discussion on “Round Table on Security Rights over Immovable Property Project”, which aims to provide comprehensive and accessible information on the law of security rights over immovable property in Europe, as well as providing a publicly accessible database and an assessment system that provides guidance on the legal value of security rights in immovable property.

It is focused on the development of an evaluation system for national designs of legal frameworks of security rights over immovable property, which aims to measure the “legal value” of these rights in a comparative legal manner. The evaluation system is structured to consider the interests of banks, property owners, and legislative preferences. The challenge is to develop a detailed presentation of the different legal systems due to the growing cross-border mortgage business in Europe.

The project also addresses the need for studies on mortgage law in response to modernization of civil law systems in various countries. The document emphasizes the importance of the project in providing valuable resources for banks, legislators, and consumer protection institutions. Additionally, it discusses the development of an evaluation system for the individual national designs of the legal frameworks of security rights over immovable property, aiming to provide orientation on how the legal value of these rights can be measured in a comparative legal manner.