Page 287 - Bahrain Gov Annual Reports (I)_Neat
P. 287

33285

          Land dept.





          valid only during the life of the holder of
          the gift, eventually the property should revert
          to the Euler,
             Mortgages on property.        A proclamation was issued

          after discussions with representatives of the public

          stating that in future no mortgages of immovable
         property would be recognised in the courts unless the

          holder of the mortgage was in possession of a Govt,
          title deed for the mortgaged property.
             At the end of the year a meeting was held to dis­

          cuss the legal procedure in the case of mortgages.

         According to Moslem law a mortgage holder who has not
          taken possession of the property has no preferred

          claim if the owner of the property dies or becomes
         bankrupt.      The opinion of the meeting was that such

         matters were entirely commercial and should not be
         referred to the Shera but should be settled by the
         Civil Court.      The practice of the Bahrain Court is

         to admit the holder of a mortgage who is in possession
         of title deeds as a preferred creditor in bankruptcy

         oases.
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