On The Application Of Floating Mortgage System In China's Property Law

Floating Charge comes from common law. In order to Provide a financing way, it has been legalized in China property Law. Based on the review of main features and advantages'and disadvantages of floating mortgage system under Common Law, this paper explores the provisions on floating mortgage in the newly issued Property Rights Law. The significance of floating mortgage on improving our enterprise security legal system and issues of application are Put forward. In the first Part of the dissertation, the description on the definition and characteristic of floating charge are Presented. In the next Part, the unique systematic material meaning from both the setting and actualizing is explored, its advantages and deficiency is also indicated. In the last Part of the dissertation, China use floating security system for reference is introduced. The floating charges Provision in the Property Law is analyzed. Some related issues to improve our system of floating charges are discussed, and specific ideas and Proposal is envisaged.