Security Property: Is it Different from «Ordinary» Property as It is Understood by Russian Law?
https://doi.org/10.18384/2310-6794-2022-4-143-151
Abstract
Aim. To find the correlation between the terms «security property» and «property» in Russian legislation understanding and find out whether it is acceptable to treat the construction of security property as something different from “ordinary” property.
Methodology. The content of property (§1–2 of Article 209 of the Civil Code of the Russian Federation) was analysed with the use of the comparison method; understanding property by domestic legal scholars and the content of property correlated with the content of the security property structure were also analysed. Results. The conclusion was made that, from the point of view of property law, the security property coincides in its content with the «property» enshrined in Article 209 of the Civil Code of the Russian Federation. It is noted that it is more correct to consider the security property not as a special instrument (for example, as incomplete or temporary right of ownership), but to talk about the security function of the property right.
Research implications. This article contributes to the study of security property, specifies the direction for the subsequent study of the security function of the property right, as well as underlines the real effect of the “position” of the creditor and the debtor in the instrument of title security.
About the Author
I. S. Antyushin
Institute of Public Service and Management of Russian Presidential Academy of National Economy and Public Administration
Russian Federation
Russian Federation
Igor S. Antyushin – Postgraduate student, Department of Civil Law, Business Law; Family Law, Private International Law
Prospect Vernadskogo 84; Moscow 119606
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