by VDT Attorneys | Aug 29, 2025 | Bond, Mortgage, Mortgage bond, Personal servitudes, Praedial servitudes, Servitude
What is a servitude?Before delving into the impact on mortgages, it is important to understand what a ‘servitude’ is. A servitude is a limited real right that places a restriction on movable or immovable property by restricting the rights, powers, or liberties of the...
by VDT Attorneys | Sep 12, 2023 | Mortgage, Mortgage bond
WHAT IS A MORTGAGE BOND? A mortgage can be defined as a document/deed in terms whereof immovable property or a real right is encumbered as security for an indebtedness or obligation and the mortgage bond enables the Mortgagee to establish a preferential right against...
by VDT Attorneys | Nov 22, 2022 | Default, Execution sale, Mortgage bond
The moment it becomes a reality that you cannot pay your monthly bond payment, you should engage with your bank regarding your financial problems. It is in the interest of the bank to try and accommodate you and try and help that ultimately you remain in a position to...
