FIDUCIARY TRANSFER OF TITLE UNDER THE LAWS OF THE NETHERLANDS ANTILLES
A concept similar to a right of pledge
In the Netherlands Antilles collateral transfer (‘fiduciaire overdracht’) is a common security interest. It is construed as the full transfer of a proprietary right by the debtor to the creditor, under the condition subsequent of satisfaction of the obligation the collateral is to secure.
Once said condition is fulfilled, [...]
Filed under: legal by Karel.Frielink
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