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9521054 AI generated

Portuguese court rules that registered mortgage and seizure credits share equal priority in debt ranking.

Case Number 9521054
Court / Authority
Jurisdiction Portugal (PT)
Decision Date
Outcome Partially Allowed
Open official source Machine-readable Markdown (.md)

Legislator summary

AI generated

The Tribunal da Relação do Porto revoked a previous decision regarding the ranking of secured debts in an enforcement proceeding. The court held that credits guaranteed by seizure and mortgage over real estate possess equal priority, requiring ranking based on the registration date of these guarantees. Consequently, the court applied this principle to correct the prior order of payment between the competing creditors.

Legislator headnote

Official

EXECUÇÃO GRADUAÇÃO DE CRÉDITOS PREFERÊNCIA PENHORA HIPOTECA REGISTO

Keywords

AI generated
graduation of credits enforcement proceedings real estate priority seizure guarantee mortgage registration debt ranking order immovable property

Cited Legislation

AI generated
CCIV66 Art. 686
CCIV66 Art. 822
CRP84 Art. 6 n.1

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Full text

[DATA DEC. RECORRIDA] 05/24/1995 [INDICACOES EVENTUAIS] O PROCESSO RECORRIDO É DA PRIMEIRA SECÇÃO. [Nº CONVENCIONAL] JTRP00022459 [Nº DO DOCUMENTO] RP199803179521054 [PRIVACIDADE] 1 [PROCESSO NO TRIBUNAL RECORRIDO] 38-C/92 [TEXTO INTEGRAL] N [TRIBUNAL RECORRIDO] T J FELGUEIRAS [URL] https://www.dgsi.pt/jtrp.nsf/56a6e7121657f91e80257cda00381fdf/2225762B8D77EEEB8025686B00670FCE?OpenDocument

SUMÁRIO

I - Na graduação de créditos em execução, em relação a bens imóveis, os créditos garantidos por penhora e por hipoteca encontram-se no mesmo grau de preferência e a sua graduação deve fazer-se em função da prioridade do registo dessas garantias.