What is a "mortgage by operation of law" and "mortgage contract into effect?

The person who binds himself long "marry" with the mortgage, must know everything. And first of all to distinguish from legitimate mortgage agreement. And we will help in this. The main difference in the pledge. For example, a mortgage agreement. A person takes out a bank loan and collateral gives them real estate, which he had long been. And with a legitimate mortgage or legal, as it is called, the guarantee will be that property which you buy at the bank the money does not matter in rubles or foreign currency. Nuances pledge • The Bank can always arrange a review of your mortgage • Pledged property must be maintained in good condition • The subject of the mortgage can not be part of the property, the section which is not possible • If there was danger of collateral damage, you must notify the bank • Buying Land plot for a mortgage, you need to know that the right to bail applies to buildings that are on this site. • Transfer of ownership of the mortgaged property is possible only with the written consent of the bank