Municipal Mortgage Loan Institutions in the Kingdom of Poland. A Contribution to the Discussion on the Organisatioal Model of Mortgage Credit in Poland
Municipal Mortgage Loan Institutions in the Kingdom of Poland. A Contribution to the Discussion on the Organisatioal Model of Mortgage Credit in Poland

Summary/Abstract: The article presents the legal underpinnings of the operation of municipal credit societies in the Kingdom of Poland, which were institutions providing municipal mortgage loans. This is presented using the example of the Lublin Land Credit Society, and the author draws general conclusions about the model of mortgage loan offered by loan societies. At that time, the credit society was the most popular organisational model used with mortgage loans, not only in towns (municipal credit societies) but also in the countryside (land credit societies). Furthermore, when seeking the origins of mortgage banking, the author presents other institutions granting long-term loans in the Polish territories, apart from credit societies. This analysis, with its legal and historical perspective, is considered by the author to be a contribution to discussion on mortgage loan and the place of contemporary mortgage banking in Poland.

• Details
• Contents