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What's the difference between automobile mortgage and pledge loan?
Article 33 The term "mortgage" as mentioned in this Law means that the debtor or a third party does not transfer the possession of the property listed in Article 34 of this Law, and takes the property as the creditor's right guarantee. \x0d\ Article 34 The following properties can be mortgaged: \x0d\ (1) Houses and other fixtures on the ground owned by the mortgagor \x0d\ (2) Machines, vehicles and other properties owned by the mortgagor \x0d\ (3) State-owned land use rights, houses and other fixtures on the ground that the mortgagor has the right to dispose of according to law \x0d\ (4) State-owned. \ x0d \ x0d \ Article 63 The chattel pledge mentioned in this Law means that the debtor or a third party transfers his chattel to the creditor for possession, and uses the chattel as a guarantee for the creditor's rights. \x0d\ The debtor or the third party mentioned in the preceding paragraph is the pledger, the creditor is the pledgee, and the transferred movable property is the pledge. \x0d\ Article 75 The following rights can be pledged: \x0d\ (1) bills of exchange, checks, promissory notes, bonds, certificates of deposit, warehouse receipts and bills of lading \x0d\ (2) shares and stocks that can be transferred according to law \x0d\ (3) property rights in trademarks, patents and copyrights that can be transferred according to law \x0d. \ x0d \ x0d \ Article 92 The term "immovable property" as mentioned in this Law refers to land, houses, trees and other things fixed on the ground. \x0d\ Chattel mentioned in this Law refers to things other than immovable property. \x0d\\x0d\ Part of the wrong solution on the first floor. Cars, like machinery and equipment, are chattel mortgages, not chattel pledges. At present, almost no one puts their cars in the bank, and it is not necessary for the bank. The title certificate of new car mortgage is a car certificate, but this certificate represents a car that creditors can't own. If you take it to a pawnshop and leave it there without going to the relevant department for registration, it looks like a mortgage, but it is actually a pawn deposit. The act itself is not protected by law, but those well-founded claims can be protected by law. \x0d\ special inventory. It can be pledged or mortgaged. The pledge is supervised by financial institutions such as banks through third-party regulatory agencies, and the borrower pays back the money and receives the goods with the warehouse receipt issued by the bank, while the mortgage is directly managed by financial institutions such as banks. However, according to theory and practice, China's financial institutions do not have the general ability to supervise the inventory by themselves, so at present, the guarantee of China's inventory is generally pledge. If you go to a financial institution such as a bank for financing with a standard warehouse receipt, whoever advocates the standard warehouse receipt can pick up the goods, so it is a pledge, but the specific physical transaction must be approved by the regulatory authorities. If you can't give me the standard warehouse receipt, I will lend you money.