Do they have the right to evict me from an apartment purchased with a mortgage?

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11.04.2023 13:10 504

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Photo of sikorsky.y.o Yaroslav Sikorsky

Good day.

YES, they have the right.

If the mortgagor does not fulfill his obligations under the mortgage contract, the mortgagee has the right to demand early fulfillment of the main obligation. If the obligations are not fulfilled, the mortgagee can foreclose on the subject of the mortgage - that is, on an apartment or a residential building.

In accordance with Article 40 of the Law of Ukraine "On Mortgages", foreclosure on a mortgaged residential building or residential premises is grounds for eviction of all residents.

02.05.2023 13:13

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