To shut out, to bar, to destroy an equity of redemption. A termination of all rights of the mortgagor or his grantee in the property covered by the mortgage. The process by which a mortgagor of real or personal property, or other owner of property subject to a lien, is deprived of his interest therein. Procedure by which mortgaged property is sold on default of mortgagor in satisfaction of mortgage debt. In common usage, refers to enforcement of lien, trust deed, or mortgage in any method provided by law. (Source: WESTS)
29) — Bescherming van de consument bij hypotheek — Contractueel evenwicht — Beginsel van consumentenbescherming — Nationale civielprocesrechtelijke regeling voor hypothecaire executie
29) — Consumer protection in relation to mortgage loans — Balance in the parties’ contractual rights and obligations — Principle of consumer protection — National civil procedure rules applicable to the procedure for enforcing a mortgageEurLex-2 EurLex-2