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Chapter 14 covers charge and mortgage registration for LLPs registered in Scotland.
However, without doubt, one of the characteristics that must be maintained, for example in Spain, is the binding nature of the constitution and mortgage registration which cannot be subject to any right of withdrawal.
MERS began as a project in October 1993 when Fannie Mae, Freddie Mac, and Ginnie Mae produced a White Paper (with assistance from law firm Covington & Burling) about the need for an electronic mortgage registration system.