Internal Law 2 Private law - Administration of civil justice - Enforcement 21 Civil Code
Droit interne 2 Droit privé - Procédure civile - Exécution 21 Code civil

210 Swiss Civil Code of 10 December 1907

210 Code civil suisse du 10 décembre 1907

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Art. 818 3. Extent of security

1 A mortgage right secures the creditor:

1.
for the principal;
2.
for the costs of debt enforcement and default interest;
3.642
for three years’ accrued annual interest due on the date of the application for foreclosure or the debtor is declared bankrupt, plus the interest due since the last maturity date; in the case of a mortgage certificate only the interest actually due is secured by the mortgage.

2 The interest rate originally agreed must not exceed five per cent to the detriment of subordinate mortgage creditors.

642 Amended by No I 1 of the FA of 11 Dec. 2009 (Register Mortgage Certificates and other amendments to Property Law), in force since 1 Jan. 2012 (AS 2011 4637; BBl 2007 5283).

Art. 817 2. Distribution du prix

1 Le prix de vente de l’immeuble est distribué entre les créanciers selon leur rang.

2 Les créanciers de même rang concourent au marc le franc.

 

This document is not an official publication. Only the publication of the Federal Chancellery is legally binding.
Ceci n’est pas une publication officielle. Seule la publication opérée par la Chancellerie fédérale fait foi. Ordonnance sur les publications officielles, OPubl.