Provisional registration security contract - karitoukitanpokeiyaku

...It is used together with the establishment of a mortgage, or alone. (1) Name and form in actual transactions The terms provisional registration security or provisional registration security contract are used in case law and in the Law on Provisional Registration Security Contracts (promulgated in 1978) in accordance with academic theory, and in actual transactions they are called "reservations for substitute performance" or "reservations for sale." The latter is a promise made when lending money that if the repayment cannot be made by the deadline, B will complete the reservation of sale and take possession of the real estate in question, and the purchase price to be paid to A will be settled between B and A, including the principal and interest of the loan, etc.

*Some of the terminology used in reference to the "provisional registration security agreement" is listed below.

Source | Heibonsha World Encyclopedia 2nd Edition | Information

…抵当権の設定とあわせて，あるいは単独で使われる。(1)実際の取引での名称･態様　仮登記担保ないし仮登記担保契約という呼び方は，判例および〈仮登記担保契約に関する法律〉(1978公布)が学説に従い用いたものであり，実際の取引では〈代物弁済の予約〉または〈売買の予約〉と呼ばれる。後者は，金銭貸借に際し，もし期限に返済できなければBは売買の予約を完結して問題の不動産を自分のものにし，Aに対して支払うべき売買代金は貸金元利などとの間で決済すると約束する。…

※「仮登記担保契約」について言及している用語解説の一部を掲載しています。

出典｜株式会社平凡社世界大百科事典 第２版について | 情報