Civil Code · English · 2015
Article 2546
Ownership Evidenced by Title Deed
(1)
A hypothec shall be valid where it is granted by a person who is the owner of the immovable under a title deed issued to him by the competent authorities.
#(2)
It shall be valid notwithstanding, that the title deed was issued on the basis of an act which is annulled, unless the person who avails himself of the hypothec is shown to be in bad faith.
#(3)
In such cases, the owner who discharged the hypothec shall be compensated by an insurance fund created, in accordance with administrative regulations, by means of the fees charged on delivery of title deeds.
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