The Coordination of Interests in the Mortgage of Construction-In-Progress
Wei Hu
Abstract
Wei Hu
Abstract
The mortgage of construction-in-progress is an important rule which is established by the real right law of our country. But there are lots of conflicts of interests between the construction-in-progress subjects such as the developer,the builder,the secured creditor,the normal creditor,and the forward purchaser. It is a problem which is need to be solved that to balance those conflicts.
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The mortgage of construction-in-progress is an important rule which is established by the real right law of our country. But there are lots of conflicts of interests between the construction-in-progress subjects such as the developer,the builder,the secured creditor,the normal creditor,and the forward purchaser. It is a problem which is need to be solved that to balance those conflicts.
Key concepts: Creditor, Business, Balance of interests, Balance (ability), Law and economics, Actuarial science, Economics, Finance