Definition of hypothec in English: hypothec
noun (in Roman and Scots law) a right established by law over a debtor's property that remains in the debtor's possession.
Example sentences
‘The judicial hypothec arises from any judgment given in civil proceedings by the Royal Court.’ ‘If the goods are removed from the leased premises prior to the landlord's hypothec being perfected, the rights therein are lost to the landlord.’ ‘Any hypothecs effecting this ‘unregisterable’ part are considered as overriding interests but one may choose to include same in the application.’ ‘This arrangement is distinguishable from the hypothec of Roman Law and of modern civil law, which is comparable to a mortgage.’ ‘The immovable hypothec is granted in the prescribed manner described in the Civil Code of Québec.’ ‘The legal framework governing realization of most quasi-security interests is in Quebec the same as for hypothecs.’ ‘However, movable hypothecs are a form of real security, while suretyship is a form of personal security.’ ‘You want to buy a new house without the horrors of construction legal hypothecs?’ ‘There is a separate land registry system for title to real estate and hypothecs on real estate.’ ‘If one fails to abide by this rule on written information, no construction legal hypothec can be placed against the property.’ ‘All hypothecs should be registered at the State register of hypothecs supported by Ministry of Justice.’ ‘Moveable hypothecs with delivery are not required to be in writing.’ ‘Many forms of jus existed short of ownership, notably the hypothec, the civilian equivalent of the mortgage.’ ‘The hypothec allows the Landlord to sell the movable goods of the tenant, which are on the leased premises.’ ‘The contractors registered legal hypothecs on the co-ownership in order to guarantee the payment of their account.’ Origin Early 16th century: from French hypothèque, via late Latin from Greek hupothēkē ‘deposit’ (from hupo ‘under’ + tithenai ‘to place’).