Kredyt z opcją „klucz za dług” a dobrowolna sprzedaż nieruchomości
Loan with the „Key for Debt” Option and the Voluntary Sale of Real Estate
Author(s): Paweł NowakSubject(s): Economy, Law on Economics
Published by: Wydawnictwo Uniwersytetu Łódzkiego
Keywords: consumer protection; debt security; key for debt; mortgage loan; voluntary sale of real estate
Summary/Abstract: The purpose of the article: The aim of the article is to discuss the loan proposal in the „key for debt” formula contained in Recommendation S of 2019 against the background of voluntary sale of real estate based on art. 35 of the Act on Mortgage Credit and Supervision over Mortgage Credit Intermediaries and Agents [on Mortgage Loans and Loan Agents of 23 March 2017]. Methodology: It was created on the basis of an analysis of the content of legal acts and documents as well as studies of the subject literature.Results of the research: The conclusions contained in the article refer to the possibility of using one of these institutions to free yourself from debt. The analysis shows that a loan in the „key for debt” formula, due to insufficient interest on the part of lenders and borrowers, will not be a real support for borrowers and borrowers will not be able to limit their liability for the loan taken to the value of the real estate being credited.
Journal: Finanse i Prawo Finansowe
- Issue Year: 4/2021
- Issue No: 32
- Page Range: 21-32
- Page Count: 12
- Language: Polish