Real right that links certain movable or immovable property to the fulfillment of an obligation, generally the payment of a loan, so they will be executed if it is not met at maturity. During the fulfillment of the obligation, the property remains in the possession of the owner. Mortgages are usually linked to real estate, although they can also be applied to individually identifiable movable property, such as cars, machinery, ships, or aircraft. The mortgage, together with the obligation it guarantees, is raised to a public deed and, in the case of real estate, is incorporated into the Property Registry. As an indivisible real right, it remains in force in its entirety until it is canceled by the complete fulfillment of the obligation to which it is linked, so that the non-payment of part of the loan would provoke the complete execution of the mortgage by the creditor.
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