What Is Mortgage Elimination?

The term "mortgage" is a Cantonese translation of the English word "Mortgage". It is pronounced àn ji, which refers to a loan method for buying a house or shopping. It uses the purchased house or item as a mortgage to borrow from the bank and then repay it in installments.

[àn ji]

Originally originated in Western countries, originally intended to be British and American

Before Hong Kong's return to the motherland, Hong Kong's mortgage regulations were divided into broad and narrow sense.

Mortgage in the broad sense means any form of

China has implemented a highly centralized planned economy system for a long time. The construction of civil housing is paid by the state finance, and housing distribution is purely welfare, so there was no problem with mortgages at that time. Since the reform and opening up, housing commodification and urban housing system reform have been implemented, as well as

Regarding mortgages, people's attention is mainly focused on the discussion of the legal nature of mortgages, and the different characterizations of mortgages will directly affect different options for legislation. In China's current legislation, there is no proper form of property rights corresponding to "mortgage", which has led scholars to argue about the legal nature of mortgages. Some scholars believe that mortgages belong to

housing

Mortgage as a

The loan was paid off, and the deposit that could be paid to the guarantee company was not successfully returned. The reason for the non-refundable deposit is that it was not repaid in time. The contract clearly states that the loan must be returned to the bank on a monthly basis, otherwise the deposit will not be refunded. However, in the face of thick contracts, this clause was added in bold and it was not noticed. Loans have become the number one choice for consumers today, but disputes over repayments or deposits are also on the rise. Consumers are required to pay a deposit at the same time as refinancing, and this deposit often becomes the focus of controversy. At the same time, "When buying a car on loan, the owner will be required to sign several contracts, among which there is a guarantee contract. The thick text may contain a lot of" land mines ". The owner who is in a hurry to buy the car may not look carefully. To the end , The deposit was detained before I knew I regretted it. "Insiders said that many guarantee companies will deduct the owner's deposit for various reasons. Therefore, when buying a car for a loan, you should clearly see the contract, especially some bold fonts. If you encounter the overlord clause, you should take up legal weapons to protect your rights. ^[3]