Search

The paper deals with the pledge in the Gortyn Laws of the 5th century BCE. It demonstrates that the pledge in Gortyn had a possessory character, so it assumed the transfer of ownership of the pledge to the pledgee. The subject of the pledge could be both movable and immovable property. There is neither hypothec nor sale on condition of release in Gortyn law. This fact can be explained by the absence of a land cadastre. [ABSTRACT FROM AUTHOR]