News > General article > Raiders channel > Novice loan >  text

What is the difference between mortgage and pledge? The essential difference

Time: 2014-06-17         Source: Rong 360 finishing         Author: well-off

What is the main difference between mortgage and pledge? Wang is a third-year student in a university's economics. When he was pursuing an economic law course, he often encountered the words "mortgage" and "pledge". Because of the extensive content of the course, he never understood the mortgage and pledge. The difference is in the end, after finishing, Xiaobian will briefly summarize them as follows, hoping to help children's shoes that have not understood these two words.

First of all, the concept of the two is this:

Mortgage, the debtor or a third person is not transferred by law to do mortgaged property possession, the property as a secured creditor when the debtor defaults, the creditor is entitled by law to sell the mortgaged property price priority claim.

The pledge is that the debtor or a third party transfers its movable property to the creditor's possession, and the movable property is used as a guarantee for the creditor's rights. When the debtor fails to perform the debt, the creditor has the right to give priority to the price of the movable property according to law.

Secondly,The difference between the two mainly reflects the following points:

1. The subject matter of the mortgage is usually real property, special movable property (car, boat, etc.); the pledge is mainly movable property.

2. The mortgage must be registered to take effect, and the pledge is only required to be possessed.

3. Mortgage has only a simple guarantee effect, while the pledge pledger not only controls the quality, but also reflects the effect of the lien.

4. The realization of the mortgage is mainly through the application for auction to the court, and the pledge is directly sold.

 

[Exclusive Manuscripts and Disclaimer] Any work, such as “360 Original”, without the written authorization of 360, may not be reproduced, extracted or otherwise used by any unit, organization or individual. If you have been authorized in writing, please indicate the source of 360. Anyone who violates the above statement and infringes upon the legal rights and interests of Rong 360 shall be investigated for legal responsibility according to law. The materials and conclusions in the works are for user's reference only and do not constitute operational recommendations. To obtain written authorization, please send an email to: academy@rong360.com

Comment list (user comments are only for users to express their personal views, does not mean that the site agrees with its views or confirms its description)
you may also like
  • What is the difference between mortgage and pledge? With the increasing number of loan products, we can make a breakdown of whether we need borrowers to provide collateral, and look at the difference between mortgages and unsecured loans. ...
  • What are the differences between pledge and mortgage? Pledge and mortgage at first glance feel quite like, and there are many people who are not very familiar with it will confuse the two concepts, but mortgage and pledge are two different ways, so what is the difference between pledge and mortgage? ...
  • Five differences between mortgage and pledge  The difference between mortgage and pledge is mainly reflected in the following five aspects: (1) The subject of mortgage is movable property and real property; the target of pledge is movable property and rights. (2) The collateral is not transferred to possession; the pledge is transferred. (3) The parties may voluntarily handle the mortgage registration, mortgage...
  • What are the differences and links between mortgage and pledge? Do you know what?  Mortgage and pledge are both guarantees. The two have a common role and are set up to protect the interests of creditors, but there are many differences between the two. Rong 360 tells you what are the differences and links between mortgage and pledge? Do you know what? What is a mortgage? Mortgage is...
  • What is the difference between margin financing and stock pledge financing?  What is the difference between margin financing and stock pledge financing? As a means of financing, the two have the same and different points. So where are the differences between them? I. Different subject matter of the stocks The stock pledge financing can only be used to finance and cannot be short-selled. melt...