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.
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 2546
Ownership Evidenced by Title Deed · Preserved transcription; page attribution imported from the source collection. Verify against the original.
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.
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.