|
MORTGAGE
REGISTRATION FOR BELIZE
Vessel’s,
mortgages, assignments, liens and encumbrances, may be recorded,
modified and cancelled at IMMARBE. A preliminary registration
of documents is valid for six months and has the same effect as
a permanent registration.
The
documents’ permanent registration may be made within six months
by paying the appropriate fees. Schedule
of Fees.
A
registered ship mortgage shall continue in full force until mortgage
discharge deed has been registered at IMMARBE by the mortgagee.
A judicial sale of the vessel will also cancel a registered ship
mortgage.
Standard
bank mortgages deed forms and assignments are acceptable for inscription/registration
in Belize provided they are in English or translated to English.
|