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additional collateral (FS-CMS)

Collateral Management System (FS-CMS)

All non real estate collaterals that are, in addtion to the real collateral, taken for securing receivables of building association.

Example

As per §7 building association law in Germany, the building associations are obliged to requisition additional collaterals, if the lending exceeds the first four-fifths of the lending value of the collateral object.

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