Legislator Case Law & Legislation
KKO 2848/2005 AI generated

Supreme Court dismisses appeal regarding binding nature of general mortgage commitment for share houses.

Case Number KKO 2848/2005
Court / Authority
Jurisdiction Finland (FI)
Decision Date
Outcome Dismissed

Legislator summary

AI generated

The Supreme Court dismissed the appeal challenging the binding nature of a general mortgage commitment for share houses. The appellant argued that the commitment lacked specific identification of the property, while the respondent maintained it was validly executed. The court ruled that the commitment was binding because the specific property was sufficiently identifiable within the context of the share house agreement.

Legislator headnote

AI generated

Laki 1092/1974 yleispanttaussitoumuksen sitovuudesta; Laki 1092/1974 1 luku: Yleispanttaussitoumus on sitova, jos panttiasia on riittävän selvästi määritelty.

Keywords

AI generated
general mortgage commitment share houses binding effect property identification mortgage law supreme court appeal real rights

Cited Legislation

AI generated
Laki 1092/1974 yleispanttaussitoumuksen sitovuudesta
Laki 1092/1974 1 luku

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Full text

Kysymys asunto-osakkeita koskevan yleispanttaussitoumuksen sitovuudesta.