What are the properties that cannot be mortgaged?

1. What are the properties that cannot be mortgaged?

1. The properties that cannot be mortgaged include:

(1) Land ownership;

(2) The use rights of collectively owned land such as homesteads, private plots, and private hills, except those that can be mortgaged according to the law;

(3) Non-profit organizations established for public welfare purposes such as schools, kindergartens, and medical institutions Educational facilities, medical and health facilities and other public welfare facilities of legal persons;

(4) Property whose ownership and use rights are unclear or in dispute;

(5) Sealed, detained, or Supervised property;

(6) Other properties that are not allowed to be mortgaged according to laws and administrative regulations.

2. Legal basis: Article 394 of the "People's Republic of China and Civil Code"

In order to guarantee the performance of debts, the debtor or a third party shall not transfer property If the property is mortgaged to a creditor and the debtor fails to pay due debts or the circumstances agreed by the parties to realize the mortgage rights occur, the creditor shall have the right to receive priority payment for the property. The debtor or third party specified in the preceding paragraph is the mortgagor, the creditor is the mortgagee, and the property providing guarantee is the mortgaged property.

2. What properties can be mortgaged?

1. Buildings and other land attachments;

2. Construction land use rights;

3. Right to use sea areas;

4. Production equipment, raw materials, semi-finished products, and products;

5. Buildings, ships, and aircraft under construction;

6. Transportation tools;

7. Other properties not prohibited from mortgage by laws and administrative regulations.