Professional Documents
Culture Documents
week 4 registry
week 4 registry
week 4 registry
(owner) (charterer)
Explanatory characteristic: it explains the situation, however if it does not exist the right will still be
valid. Look: art.1001 (validity of vessel sale contract: written contract +notary approval)
Institutive characteristic: it gives validity to the right, without the existence of that record the right is not
valid. Look: art.1015 (validity of vessel mortgage contract: written contract +notary approval +
registration)