State Act

Portuguese Civil Code, 1867

Article 887 – Immobile privileges – The following are the privileged credits over the immovables of the debtor even when they are encumbered with a mortgage:- 1. The credit towards taxes payable to the government relating to last three years and on the value of the assets on which said taxes are levied; 2. The credits arising from expenditure incurred in the last three years for the maintenance of the properties, in relation to those to which these expenses were applied, but not exceeding 1/5th of value of the same properties. 3. The credits arising from costs of the proceedings in the Court, incurred in the common interest of the creditors, on the value of the property in relation to which they were made.