1. Beware of Eurodicautom's 'right of lien' for droit de gage - there is no such thing. It#s either a lien, pedge or right to create such.

2. FHS Bridge F/E glossary -> droit de gage immobilier = real security; CHARGE ON REAL PROPERTY [but a fixed charge can be over fixed asssets gen. i.e. land, plant & equipment].

3. Unusual set-up if right. As this Google ref. says, debentures are usually secured by a floating and not a fixed charge.

4. Mortgage deed refers to land only. A charge certificate is issued by a UK Land Registry. If it's a chattel mortgage i.e. of a motor car, it's called a Bill of Sale.

'... Fixed charge – assignment of specific assets to cover debt on default. eg, Mortgage debenture – fixed charge on specified properties. ... Bearer Bonds. ...'


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Note added at 2004-09-04 15:49:31 (GMT)
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Lien in GB can be of goods or chattels only - not of fixed assets like land when it turns into a charge.

Note that a co. can, by its Articles, claim an automatic \'lien\' on its members\' shares for unpaid calls. Shareholders individually can \'charge\' their shares by \'mortgaging\' them to a lender.

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Note added at 2004-09-04 21:18:19 (GMT)
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Extra context: condo/condominium = commonhold in GB.

So poss.: \'Bearer commonhold-unit charge certificate\'.