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Under what conditions does the forfeiture clause allow the creditor to acquire ownership of the mortgaged property?
Determine whether the creditor can automatically become the owner in the event of the debtor's default.
Produced by a model, unverified. The original question, in French, is what stands. The evidence below is in its original language.
The provision in question
Evidence (original language)
Le texte indique que le constituant doit être immatriculé au RCCM et que l’immeuble ne doit pas être à usage d’habitation.