Wednesday, June 1, 2011

Medvedev has signed amendments to the law "On mortgage"

President Dmitry Medvedev signed the Federal Law "On Amending the Federal Law" On Mortgage (mortgage) and some legislative acts of the Russian Federation ", adopted by the State Duma on December 3, 2008 and approved by the Federation Council on December 17, reported in Tuesday the Kremlin press service. The law clarifies vesting of mortgages, said in reference to the document. In particular, the law defines the rights and obligations of the respective owners mortgages, rights are taken into account in the depository, as well as the rights and obligations of the debtor for such mortgage and the depositary. In addition, complemented and specified provisions of law regulating the procedure of state registration of mortgage and registration.

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