IV. Regarding the implementation of mortgage procedures,
- According to the guarantor, the transfer of rights and obligations of the investor can only be achieved when there is the consent of the DB. Therefore there is DB's consent a prerequisite.
- Pursuant to Circular 05/2011 / TT-BTP: Article 2. The case registration of security transactions, contracts and notify the distraint:
o 1 . the registration of security transactions (excluding guarantees and unsecured) includes the following cases:
o 1.1. Mortgage assets, including mortgage assets formed in the future, pledge assets, deposits, escrow, escrow;
- The party secured transaction registration according to the provisions of law on registration Security Transactions. This content is for German House and coordinated implementation Vietinbank, unrelated to Yuanda.
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