The lender's non-physical guarantees in the mortgage financing agreement.

Document Type : Original Article

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Faculty of Law - Mansoura University

Abstract

Real estate financing is considered one of the most important types of financing overall, due to the community's need for it, particularly financing related to residential units, as their financing requires large amounts of capital compared to movable property financing. Therefore, the Egyptian legislator issued Law No. 148 of 2001, amended by Law No. 55 of 2014, which regulates the process of real estate financing, aimed at encouraging this type of financing, as well as promoting investment in various fields of real estate financing. This law truly reflects the Egyptian state's interest in fulfilling the aspirations of the majority segment of society to obtain suitable housing at a price payable over long terms and in small installments, in line with the capabilities of this segment that lacks the ability to purchase such units outright.

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