State Act

Portuguese Civil Code, 1867

Article 890 – Immobile assets capable of being mortgaged - Only the following may be mortgaged:- 1. The immovable assets, and those which are declared by law as such as mentioned under clause no.1 and 2 of article 375; 2. The usufruct of the same assets; 3. The “dominium directum” (legal/ nominal ownership of the owner) and “dominium utile” (equitable ownership /beneficial right to use and enjoy the land and its profits) of the properties granted under emphyteusis.