Mortgage legal relationship and rights of a mortgage creditor in case of decrease in the value of a pledgeed property

Abstract

The right of the mortgagee and the mortgage relationship as part of the content of the mortgage is a very interesting area for research and study. Within the research and studies in this area, there are a number of elements that need to be analyzed and appropriate conclusions drawn. We have covered the concept of mortgage, mortgage relationship, rights and obligations of the mortgagee and the debtor, as well as the right of the mortgagee in case of reduction of the value of the mortgage by the debtor, by his act, to jeopardize the interests of the mortgagee.