Content Keyword: Mortgage credit agreement

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    Last update: 4 May 2020

    Mortgage credit agreements

    A “mortgage credit agreement” is an agreement where a creditor (in principle a bank) grants a credit to a borrower in view of the acquisition of an immovable property. Credit agreements relating to residential immovable property are regulated by Chapter 6, Book 2, Title 2, of the Consumer Code which was introduced into the Consumer…