Order of guarantee and mortgage guarantee
Lawyer's analysis:
Guarantee and Mortgage guarantee In an equal position, the specific order of application is decided by the parties themselves. 《 Civil Code 》Article 416 Chattel mortgage The principal claim secured is the price of the mortgaged property. If the mortgage registration is handled within ten days after the delivery of the subject matter mortgage Others with priority over the collateral buyer Security interest People are compensated, but Lien Except for people.
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