THE ROLE OF NOTARY/PPAT (LAND DEED OFFICIAL) IN MAINTAINING THE PREFERRED POSITION OF CREDITORS WITH THE MAKING OF DEED OF GRANTING COLLATERAL AND POWER OF ATTORNEY
Journal: International Journal of Advanced Research (Vol.11, No. 6)Publication Date: 2023-07-01
Authors : Reza Adjeng Fanestha Tri Lisiani Prihatinah; Sri Wahyu Handayani;
Page : 1234-1242
Keywords : Mortgage Rights Renewal Collateral Object;
Abstract
The Mortgage is a guarantee institution over land that is erased if the Land Rights entrusted with it are erased. One of the reasons for the abolition of land rights is when the rights expire or are in the process of renewing rights. Renewal of rights is the addition of the validity period of a right after the expiration period or before the expiration of the renewal period. The research is normative juridical legal research and has an analytical perspective, with research data in the form of secondary data collected by document study. The collected data will be analyzed using conceptual, statute, and case approaches. Based on the data obtained, it can be concluded that the role of the Notary in maintaining the preferred position of the creditor is to assist the debtor in renewing rights for the benefit of the creditor who has lost the object of collateral, as well as making a Deed of Granting Collateral and Power of Attorney which contains the debtors promise to fulfill his achievements and rebinding the collateral object after completion of the rights renewal process.
Other Latest Articles
- EFFICACY OF LOCALISED APPLICATION OF TRANEXEMIC ACID AND MEFENAMIC ACID TABLET POWDER IN EXTRACTION SOCKETS FOR CONTROL OF POST EXTRACTION BLEEDING AND PAIN:A SPLIT-MOUTH RANDOMIZED CONTROLLED CLINICAL TRIAL
- Simultaneous heart and kidney transplantation: Our first experience
- DESIGN AND IMPLEMENTATION OF SRAM 6T FOR 2 BYTES
- Successful discontinuation after 7 years of hemodialysis following Toprak’s kidney care: A case report
- Microscopic polyangiitis hiding behind the mask of COVID-19: A case series and minireview
Last modified: 2023-07-31 19:20:45