Regulated Non-Accessory Lien in the Hungarian Civil Code

In our opinion, reregulated independent lien is an appropriate legal arrangement which responds to the economic needs calling for the facilitation of lending and the stimulation of the Hungarian mortgage bond market. That given, the application of the independent lien also offers much greater opportunities, such as for example the potential to combine it with the institution of fiduciary asset management and thereby offer new refinancing techniques to the Hungarian banking sector.