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A dación en pago procedure means handing the keys back to a lender. It involves signing a deed before a Notary public whereby a struggling borrower relinquishes ownership in exchange for being fully discharged of his mortgage liability. Updated article / original article dates from the 28th of March 2009
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Title The Dación en Pago
A dación en pago procedure means handing the keys back to a lender. It involves signing a deed before a Notary public whereby a struggling borrower relinquishes ownership in exchange for being fully discharged of his mortgage liability. Updated article / original article dates from the 28th of March 2009
Work type Technical
Tags home repossessions, dacion en pago, repossessions, mortgage arrears, mortgages, ejecucion hipotecaria, dacion, bank repossessions, real estate
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Registry info in Safe Creative
Identifier 1312229654452
Entry date Dec 23, 2013, 6:42 PM UTC
License All rights reserved
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Copyright registered declarations
Author. Holder Raymundo Larraín Nesbitt. Date Dec 22, 2013.
Information available at https://www.safecreative.org/work/1312229654452-the-dacion-en-pago