The right to pursue the debtor’s property may be exercised against any third party who holds property whose title-deed was published prior to the mortgage contract.
While the holder of the said property may not be responsible for the debt, he may subrogate himself for the creditor-claimant by paying to the latter the total amount of the debt in capital, interest and other accessories.
Official translation
Transcription: Spot-checked
In force from 16-05-2011
Source page 51
The document's transcription was spot-checked against the supplied source; this does not confirm a line-by-line review of every provision.
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Section 223 of the Acte uniforme révisé portant organisation des sûretés/akn/ohada/act/loi/2010-12-15/aus-2010
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