Notice of a mortgage foreclosure procedure pending on the property

1. Does your national system admit such restriction?

This land register system envisages this kind of notice or includes the possibility of registering a notice as such.

Only for mortgaged or pledged real asset (right to real asset)

2. In your system, once registered this restriction, does it block or freeze subsequent registrations (mostly the ones promoted by the owner of the property) until being removed?

Once registered this restriction, it does not block or freeze subsequent registrations.

3. In your system, in principle, will the registration of this restriction be temporary (under a deadline) or indefinitely (it will be in force until being removed)?

In this system the duration of the registration of this restriction will be indefinite (until removed or deleted).

4. Indicate the national legal sources about this judicial restriction

• Article 491 of the Law on the Notary of the Republic of Lithuania

5. Please, give us an idea about the characteristics of the registration of this restriction in your system

• Notary shall notify the registrar of the Mortgage Register, who shall notify the registrar of the Real Property Register.
• Type of record (in the Real Property Register): juridical fact (notice).
• Basis for registration: notice from the Mortgage Register.