Traditional Culture Encyclopedia - Hotel franchise - The right to operate a hotel can be mortgaged.
The right to operate a hotel can be mortgaged.
Legal analysis: the right to operate a hotel cannot be mortgaged. If you only have the right to operate, you cannot apply for a mortgage. If the hotel is owned by you, you can apply for mortgage, but you need to go through the corresponding registration procedures.
Legal basis: Article 396 of the Civil Law of People's Republic of China (PRC) stipulates that enterprises, individual industrial and commercial households and agricultural producers and operators may mortgage existing and future production equipment, raw materials, semi-finished products and products, and the creditor shall have the priority to be compensated for the chattel when determining the mortgaged property, and the debtor fails to perform the due debts or realize the mortgage right according to the agreement of the parties.
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