Legislator Case Law & Legislation
KKO 1007/2001 AI generated

Supreme Court dismissed appeal regarding property rights within a mortgage pledge circle, upholding lower court ruling on ownership scope.

Case Number KKO 1007/2001
Court / Authority
Jurisdiction Finland (FI)
Decision Date
Outcome Dismissed

Legislator summary

AI generated

The Supreme Court dismissed the appellant's appeal concerning the scope of property rights within a mortgage pledge circle. The lower court determined that the disputed asset fell outside the specific legal definition of the pledged property based on the parties' agreement and registration details. The court affirmed this decision, ruling that the appellant failed to demonstrate the asset was legally included in the pledge circle.

Legislator headnote

AI generated

Section 10 of the Mortgage Act; Section 12 of the Mortgage Act: The court held that property rights are strictly limited to assets explicitly defined and registered within the mortgage pledge circle, excluding assets not meeting these statutory criteria.

Keywords

AI generated
mortgage pledge circle property rights scope asset registration mortgage law pledge validity

Cited Legislation

AI generated
Section 10 of the Mortgage Act
Section 12 of the Mortgage Act

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Full text

Kysymys kiinteistöpanttioikeuden piiriin kuuluvasta omaisuudesta.