The operative part of uniformity decision no. 2/2020 PJE

On vehicle registration certificate kept in the creditor's possession as an atypical security

The right to possess a vehicle registration certificate until a loan is fully repaid can be validly stipulated in favour of the creditor also as an atypical security for a loan agreement for financing the purchase of a motor vehicle, where it is clear from the parties' loan agreement or the general terms and conditions of the loan agreement forming part of the parties' loan agreement that the right to possess the registration certificate functions as a separate and distinct security for the loan agreement.