True or False: Antichresis is an accessory and gives a real right.

Master the Supernova Regulatory Framework for Business Transactions. Prepare with flashcards and multiple-choice questions, each with hints and explanations. Ace your exam effortlessly!

Multiple Choice

True or False: Antichresis is an accessory and gives a real right.

Explanation:
Antichresis is a real right used as security for a debt: the creditor obtains possession of the land and the right to collect its rents or fruits to apply to the loan. This goes beyond a simple guarantee, because it creates a substantive real right tied to the property and its earnings, and it persists for as long as the debt remains unsatisfied. The term “accessory” describes a guarantee that exists only to secure the principal obligation and fades away when that obligation is discharged. Antichresis, while connected to the debt, functions as a distinct real right with its own effects (possession and rent collection), not just a mere accessory. Therefore, the statement mixes two ideas and is not accurate overall. The true point is that antichresis is a real right related to the property, not simply an accessory.

Antichresis is a real right used as security for a debt: the creditor obtains possession of the land and the right to collect its rents or fruits to apply to the loan. This goes beyond a simple guarantee, because it creates a substantive real right tied to the property and its earnings, and it persists for as long as the debt remains unsatisfied.

The term “accessory” describes a guarantee that exists only to secure the principal obligation and fades away when that obligation is discharged. Antichresis, while connected to the debt, functions as a distinct real right with its own effects (possession and rent collection), not just a mere accessory. Therefore, the statement mixes two ideas and is not accurate overall. The true point is that antichresis is a real right related to the property, not simply an accessory.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy