A hypothec may be granted by the debtor or by a third person in favor of the debtor.
Civil Code
2015 English source edition · Current applicability not established.
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.
Article 2544
Conditions for Granting a Hypothec · Preserved transcription; page attribution imported from the source collection. Verify against the original.
A person may not secure his obligation by hypothec unless he is entitled to dispose of the immovable for consideration.
A third person may secure the obligation of another by hypothec where he is entitled to dispose of the immovable gratuitously.