True or False: Antichresis is an accessory and gives a real right.

Study for the Supernova Regulatory Framework for Business Transactions Test. Use flashcards and multiple choice questions. Each question has hints and explanations. Get prepared for your exam!

Multiple Choice

True or False: Antichresis is an accessory and gives a real right.

Explanation:
Antichresis is a real right used as security for a debt: the creditor obtains possession of the land and the right to collect its rents or fruits to apply to the loan. This goes beyond a simple guarantee, because it creates a substantive real right tied to the property and its earnings, and it persists for as long as the debt remains unsatisfied. The term “accessory” describes a guarantee that exists only to secure the principal obligation and fades away when that obligation is discharged. Antichresis, while connected to the debt, functions as a distinct real right with its own effects (possession and rent collection), not just a mere accessory. Therefore, the statement mixes two ideas and is not accurate overall. The true point is that antichresis is a real right related to the property, not simply an accessory.

Antichresis is a real right used as security for a debt: the creditor obtains possession of the land and the right to collect its rents or fruits to apply to the loan. This goes beyond a simple guarantee, because it creates a substantive real right tied to the property and its earnings, and it persists for as long as the debt remains unsatisfied.

The term “accessory” describes a guarantee that exists only to secure the principal obligation and fades away when that obligation is discharged. Antichresis, while connected to the debt, functions as a distinct real right with its own effects (possession and rent collection), not just a mere accessory. Therefore, the statement mixes two ideas and is not accurate overall. The true point is that antichresis is a real right related to the property, not simply an accessory.

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