Illegal mortgaging

 

As being knowingly granted by the Bank to  someone who is not the holder of all ownership rights on the house.  Of course to someone who is a debtor of the Bank and therefore, Bank gets  financially benefitted by the illegal granting. No surprise! 

 Banks taking advantage of the fact that off plan purchase contracts do not get registered in the land registry.

Another angle of corrupt behaviour of some Banks during the real estate boom and over financing.

Again, a behaviour that can be punished by good aplication of Law 57/68

Battle keeps being on… and will be for many years ahead

Maria

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