If you are planning to buy a property in Italy you may end up having to deal with security interests. Law of security interests differs significantly from jurisdiction to jurisdiction, especially when comparing common law to civil law jurisdictions. In the Italian jurisdiction, the most common type of security interest is the mortgage (called ipoteca). The mortgage in Italy has some peculiar features compared to the mortgage of the common law jurisdictions. The mortgage is a kind of security on a specific and determined property (collateral) that gives the creditor a right to preferential … [Read more...] about A guide to mortgages in Italy
