Security and Pledge – Pledge of the lessor’s rights in the lease of an immovable

Security and Pledge – Pledge of the lessor’s rights in the lease of an immovable

Art. 3168. Requirement of contract. A contract establishing a pledge of the lessor’s rights in the lease of an immovable and its rents must state precisely the nature and situation of the immovable and must state the amount of the secured obligation or the maximum amount of secured obligations that may be outstanding from time to time.