Law No. 49 “On mortgage”.
This Law establishes the basic provisions on mortgage, including mortgage of land, subsoil, forest, waterbodies and perennial plants, registration of mortgage and registration of rights to mortgaged property. The Act consists of 5 Sections divided into 86 articles: (1) general provisions; (2) types of mortgage; (3) levy of execution to mortgaged property; (4) protection against entrenchment on a right to mortgaged property; and (5) conclusive provisions.