Section 448: Property in mortgage to be indivisible

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1) A property mortgaged by a debtor to a creditor shall remain indivisible notwithstanding the creation of more than one creditor by virtue of the partition or succession between the creditor’s coparceners or the division between creditor’s partners, and the debtor shall not be entitled to redeem the whole or any portion of the mortgaged property until the loan borrowed by him or her is repaid in full in accordance with the deed of mortgage.

2) If more than one debtor is maintained by virtue of the partition, succession between the debtor’s coparceners or division between the debtor’s partners, the mortgaged property shall not be liable to redemption until each debtor repays his or her respective portion of the loan in full.

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Section 448: Property in mortgage to be indivisible

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