According to Article (6), a mortgage covers all appurtenances to the mortgaged property. This includes any buildings, plants, and facilities constructed after the mortgage contract is signed. It also encompasses "real property by destination". This…
According to Article (6), a mortgage covers all appurtenances to the mortgaged property. This includes any buildings, plants, and facilities constructed after the mortgage contract is signed. It also encompasses "real property by destination". This comprehensive coverage ensures that the lender's security extends to any improvements or additions made to the land, maintaining the value of the collateral throughout the term of the loan.
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