{"schemaVersion":1,"recordType":"legal-article","id":"law:eri:code:civil:2015:article:2603","workId":"law:eri:code:civil:2015","expressionId":"law:eri:code:civil:2015:en","title":"Grounds for Cancellation","number":"2603","language":"en","canonicalUrl":"https://eriatlas.com/law/civil-code-2015/article/2603/","hierarchy":{"book":"BOOK VI - SPECIAL CONTRACTS","title":"TITLE IV - CONTRACTS FOR THE PROVISION OF SECURITY","chapter":"Chapter 3. - Immovable Hypothecs","section":"Section 3. - Cancellation of Hypothec in the Registers","paragraph":null},"paragraphs":[{"id":"lead","number":"","text":"Any interested party may require the registration to be cancelled in the registers of immovable property, inter alia where:","canonicalUrl":"https://eriatlas.com/law/civil-code-2015/article/2603/#lead","sourceTargets":[{"sourceId":"civil-code-2015-en","pdfPage":718,"url":"https://eriatlas.com/sources/civil-code-2015/page/718/?article=2603&paragraph=lead#article-2603-lead"}]},{"id":"pa","number":"a","text":"the claim secured by the hypothec is extinguished;","canonicalUrl":"https://eriatlas.com/law/civil-code-2015/article/2603/#pa","sourceTargets":[{"sourceId":"civil-code-2015-en","pdfPage":719,"url":"https://eriatlas.com/sources/civil-code-2015/page/719/?article=2603&paragraph=pa#article-2603-pa"}]},{"id":"pb","number":"b","text":"the hypothecary creditor has renounced his hypothec;","canonicalUrl":"https://eriatlas.com/law/civil-code-2015/article/2603/#pb","sourceTargets":[{"sourceId":"civil-code-2015-en","pdfPage":719,"url":"https://eriatlas.com/sources/civil-code-2015/page/719/?article=2603&paragraph=pb#article-2603-pb"}]},{"id":"pc","number":"c","text":"the immovable hypothecated has been sold by auction and the proceeds of the sale have been distributed among the creditors; or","canonicalUrl":"https://eriatlas.com/law/civil-code-2015/article/2603/#pc","sourceTargets":[{"sourceId":"civil-code-2015-en","pdfPage":719,"url":"https://eriatlas.com/sources/civil-code-2015/page/719/?article=2603&paragraph=pc#article-2603-pc"}]},{"id":"pd","number":"d","text":"the amount accepted by the creditors in cases of an offer of redemption has been distributed among the creditors.","canonicalUrl":"https://eriatlas.com/law/civil-code-2015/article/2603/#pd","sourceTargets":[{"sourceId":"civil-code-2015-en","pdfPage":719,"url":"https://eriatlas.com/sources/civil-code-2015/page/719/?article=2603&paragraph=pd#article-2603-pd"}]}],"caution":"This is the 2015 English-language edition attributed in its front matter to the Ministry of Justice. Eri Atlas has not independently verified the translation, later changes, or whether the text is currently in force. Nine passages are incomplete in the available scan and are identified where they occur."}