Legislator Case Law & Legislation
KKO 2241/1999 AI generated

Supreme Court held that mortgage liability extends to the spouse's share when the whole property is pledged as security.

Case Number KKO 2241/1999
Court / Authority
Jurisdiction Finland (FI)
Decision Date
Outcome Allowed / Granted

Legislator summary

AI generated

The Supreme Court ruled that mortgage liability applies to the spouse's share of the property when the entire dwelling is pledged as security for a joint debt. The parties had pledged their jointly signed security deed for the whole property, and the pledge was declared unenforceable against one spouse. The court determined that the security interest covers the entire property, thereby extending liability to the other spouse's portion.

Legislator headnote

AI generated

Lainhuutosääntö 1 §; Lainhuutosääntö 2 §: When a joint security deed covers the entire property, the mortgage liability extends to the share owned by the other spouse.

Keywords

AI generated
joint mortgage liability spousal property share pledge security deed unenforceable against one spouse entire property pledge

Cited Legislation

AI generated
Lainhuutosääntö 1 §
Lainhuutosääntö 2 §
AI generated

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Full text

Aviopuolisoille A ja B oli myönnetty lainhuuto puoleen tilasta kummallekin. Koko tilaan oli vahvistettu kiinnitys heidän allekirjoittamansa haltijavelkakirjan vakuudeksi. A ja B luovuttivat haltijavelkakirjan pankille yleispantiksi sitoumuksistaan.

Kun panttaus oli julistettu sitomattomaksi A:n osalta, kysymys siitä, saattoiko panttivastuu kohdistua B:n omistamaan osaan tilasta.