Kuwait Court of Cassation principle number 515

The loan granted by the Credit and Savings Bank to beneficiaries of government plots to construct housing upon them. Guaranteed by the Government until the date of issuance of the title deed to the borrower. The Bank's failure to recover the full loan by that date. Issuance of the title deed accompanied by a real estate mortgage. The absence from amended Law 30 of 1965 concerning the Credit and Savings Bank of special regulation of this loan. The necessity of referring to the mortgage provisions in the Civil Code. Its implication. One of the beneficiaries of the plot acting alone in applying for the housing loan. His failure to repay it in full by the date of issuance of the deed. Transfer of ownership to him secured by a mortgage within the limits of his share in ownership of the land and building covered by the deed. Its effect. Approval of the loan application by all beneficiaries of the plot. Not necessary. Reason for this. - Permissibility of mortgaging an undivided share in real estate. Article 980, Civil Code. 8- In lease matters:-