The directive is the pig of Roman law, from which most of modern European law derives on this subject, but which is generally a feature even of the most fundamental legal systems. It differs from the usual assumption and mortgage by the fact that the pawnbroker is in possession of the deposit.  However, the same is true in that the three persons and all real estate properties can be owned. A pledge of personal property is called peasant and that of real estate called Antichressis. In the ancient medieval law, especially in Germanic law, there were two kinds of pledges, be possessed (see Altenglisch wed, Altfranie ernss, althochdeutsch wetti, Latin pignus depositum), i.e. supplied from the beginning, or not possessed (cf. OE b`d, OFr nam, nant, OHG pfant, L pignus oppositum), i.e. distracted at the due date, and essentially led to the principle of law. This distinction persists in some systems, for example. B in French pledge vs. collateral and Dutch vuistpand vs.
stil pand. Reciprocal symbolic (symbolic) commitments have generally been included in official ceremonies to consolidate agreements and other transactions. The Scottish laws of the United States are generally in line with those of England with regard to commitments. The main difference is that in Scotland and Louisiana, a pledge can only be sold by the law. In some U.S. states, the common law, as it existed, is always followed outside the Factors Acts, but in others, the factor has a more or less limited power to give a title by collateral.  He signed a promise never to unravel the mystery; A promise of money to a charity. Two days after China announced export controls, ByteDance made a promise to “strictly follow the new rules.” An example of promise is to give someone your iPod as a guarantee that you will return your car for some time. On the other hand, for the pawnbroker, there is more than the obligation to take care of the ownership of the pledge. The pawnbroker is entitled to the possession and control of all income collected during the collateral period, unless otherwise agreed. This income reduces the amount of the debt and the pfandgor must bring it to justice by the pawnbroker. In addition, the pawnbroker is entitled to reimbursement of the costs incurred by the preservation, maintenance and protection of the property.
Finally, the pawnbroker must not remain a party indefinitely to the deposit agreement. It may sell or sell its shares in the pawn contract to a third party. However, the pawnbroker must inform the pledge that the deposit contract has been sold or reassigned; Otherwise, she is guilty of conversion. The asset is only a guarantee for the lender in the event of a borrower`s default. However, for the borrower, the mortgaged assets could make a significant contribution to obtaining the loan authorization. The use of the asset to secure the debt may result in the borrower charging an interest rate on the note lower than he would have had with an unsecured loan.