Real estate · Slovakia

Security agreement

Signing a security agreement does not by itself protect a creditor. A mortgage over immovable property arises only on Land Register registration; security over other assets arises on registration in the Notarial Central Register of Pledges. We prepare an agreement precisely identifying the claim and collateral, check priority against existing encumbrances and complete the process through to creation of the security interest, so that you have assets against which to satisfy your claim if the debt is unpaid.

  • Immovable and movable property
  • Land Register and NCRzp registration
  • Fees agreed in advance
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What we'll do for you

Complete preparation of security for a claim under Slovak law, from the agreement to creation of the security interest in the Land Register or relevant register.

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  • Initial consultation

    We assess the claim and the value and suitability of the collateral and advise whether a security interest is the strongest solution — or whether additional security should supplement it.

  • Tailored security agreement

    Precise identification of the secured claim and collateral, including the maximum principal amount for future and conditional claims — an insufficiently precise agreement is the most common reason security fails.

  • Collateral and priority checks

    We check the title deed and existing encumbrances — where there are several security interests, priority determines satisfaction, so you need to know how many creditors rank ahead of you.

  • Creation of the security interest

    For immovable property, we prepare and submit an application to register the mortgage in the Land Register; for other assets and rights, we coordinate NCRzp registration with a notary — and monitor proceedings until the security arises.

  • Enforcement and removal

    We structure the method of enforcement for non-payment in the agreement (including voluntary auction) and, after repayment, prepare the creditor’s confirmation and removal of the security interest from the Land Register or relevant register.

Deliverablea signed security agreement and a security interest registered in the Land Register or NCRzp

How it works

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  1. Consultationday 0

    We review the claim, collateral and title deed and explain whether the security will work in practice — including priority against earlier security interests.

  2. Agreement and signatures

    We prepare the security agreement precisely identifying the claim and collateral and coordinate signatures with official certification where required by the Land Register.

  3. Land Register or other registrationuntil creation

    We submit the Land Register application or arrange NCRzp registration and monitor proceedings until the security interest actually arises.

within 24 h Within 24 hours of your enquiry, we will contact you with the next steps and a fee. You pay nothing until then.
through to creation Our work continues beyond signing — we handle the process through to registration of the security interest in the Land Register or NCRzp.
fee agreed in advance You know the final fee before work starts — with no hidden invoice items.

No-obligation enquiry

Ready to start?

Send us an enquiry. We reply within 24 hours with a price confirmation and next steps. The first 30-minute consultation is free and commits you to nothing.

  1. 1Send your enquiry via this form
  2. 2Within 24 h you get a price confirmation and plan
  3. 3We start work only after your approval
Mgr. Patrik Tulinský, LL.M. Czech and Slovak attorney · SAK 300422 · ČAK 19654

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What clients ask

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When does a security interest actually arise?

Signing the security agreement alone is insufficient. For immovable property, flats and non-residential premises, a mortgage arises only on registration in the Land Register; for most other assets, rights and receivables, security arises through registration in the Notarial Central Register of Pledges (NCRzp). A movable asset may also be pledged by delivery to the creditor. We handle the entire process through to creation of the security interest.

What must a security agreement contain, and can a future claim be secured?

The agreement must be in writing and precisely identify the secured claim and collateral; for claims without a fixed value, it specifies the maximum principal amount secured. A claim that has yet to arise or depends on a condition may also be secured — typically a future loan drawdown or price balance — but this must be expressly agreed. An imprecisely identified claim or omitted future claims are the most common errors causing security to fail in a dispute.

What if the property is already mortgaged?

Several security interests may exist over one asset, and creditors are satisfied on enforcement according to priority — in the Land Register, the priority of entries is tied to delivery of the relevant instrument to the district office, not the date on which the office authorises registration. For other registers, we check the applicable priority rules. If a bank with a large loan ranks ahead of you, nothing may remain for you. Before signing, we therefore check encumbrances and priority and explain the protection the collateral will actually provide.

What happens if the debtor does not pay?

The creditor may begin enforcing the security interest — obtaining satisfaction by the method set out in the agreement, sale of the collateral at a voluntary auction or sale under special legislation, even if the claim is already time-barred. Beware, however, of forfeiture of collateral — an agreement made before maturity that the creditor will automatically acquire the collateral on non-payment is void by law. We therefore structure enforcement to be valid and usable.

How is the security interest removed after repayment?

Repayment extinguishes the security interest, but it does not disappear automatically from the title deed or register. We prepare the creditor’s confirmation of repayment (discharge) and an application to remove the security interest from the Land Register or NCRzp so that the collateral is clear for further dealings.

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