Volume VI: Property and Trust | Chapter 7 (2014): Security in Immovables

Completed in 2008, with some French references updated to July 2012.

Cornelius G. van der Merwe

A. General Introduction

7. General survey. – Security transactions are amongst the oldest types of business transactions recorded in legal history. Once individual ownership in land and the owner’s power to dispose of land became recognised, creditors naturally regarded their debtor’s land as a favo…