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Property law

Having title to a movable or immovable thing gives its holder full or partial control over such thing. Individual ownership consists in the right vested in the owner of a thing to freely dispose of it and to claim it. Co-ownership exists when several persons share the ownership of a thing, each person proportionally. In the case of ownership in common, several persons constitute together a community, based either on the law or on a contract, which is the owner of a thing (e.g. estate, partnership). In the case of ownership by floors (PPE), there exist private as well as common properties.

A servitude permits its beneficiary to use or enjoy a property and may have various contents, such as: right of way, prohibition to build, usufruct, right of occupancy.

Pledging an asset is used to guarantee a debt, since in case of failure by the debtor to perform, the creditor may have the pledged asset sold in his or her favour.

The standard asset pledged in real estate matters is the certificate of registration of a mortgage.