pandiõiguse
Pandiõigus refers to the legal framework governing pledges and securities in Estonian law. It is a branch of civil law that deals with the creation, enforcement, and extinguishment of security interests in movable and immovable property. The primary purpose of pandiõigus is to provide a creditor with a means to secure the repayment of a debt or the fulfillment of an obligation. If the debtor fails to meet their obligations, the creditor has the right to realize the pledged asset to satisfy the debt.
The Estonian legal system recognizes several types of security interests, including pledge (pandileping), mortgage (hüpoteek), and
Key principles of pandiõigus include the accessory nature of the security interest, meaning it is dependent