Definition : Deed of hypothecary loan

Notarial act en minute under the terms of which the debtor hypothecates the fraction of which he is the co-owner, as security for the reimbursement of the loan granted to him by the creditor.

 WHAT TO KEEP IN MIND! The grantor of the hypothec may not be the borrower under the terms and conditions of the loan, in such cases it is a hypothecary suretyship.