The Cuban Council of State approved two decree laws, No.
The specialist observed that the brand-new standard requires the written kind by methods of a public or private deed to constitute the security, forbids the shipment as security products considered by Cuban law as non-seizable and, similarly, prohibits the usage of the items provided as security by the financial institutions.
” The essential distinction between the home loan and the security is that the very first has actually generally been utilized for genuine estate that is mortgaged in favor of a person, lender of a primary obligation, as a guarantee of the satisfaction of that obligation.
