Legal mortgage lawyers in the field of construction
We have the experience and knowledge required to advise you on legal construction hypothecs.
What is the legal mortgage?
Construction generally involves significant costs for the construction, renovation or improvement of infrastructure, whether for the purchase of materials or the hiring of labour.
To protect contractors against the risk of not being paid by their clients, the law provides for a security measure called the legal construction hypothec.
Work covered by the legal hypothec
The law limits the protection of this mortgage only to works that bring added value to the building.
- Major repairs
Who are the beneficiaries ?
- The architects
- The engineers
- Material suppliers
- The contractor or sub-contractor (sub-contractor)
Les exceptions concernant l'hypothèque légale
Each of the entrepreneurs and professionals mentioned above must be properly registered with their professional order or have the required authorizations to be able to benefit from the right to a legal hypothec.
As for the supplier of materials, his right to this hypothec will only be granted if the materials are used in the construction and integrated into the building.