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LAW OF THE AZERBAIJAN REPUBLIC

of October 31, 2025 No. 282-VIIQD

About introduction of amendments to the Law of the Azerbaijan Republic "About mortgage"

Millie Majlis of the Azerbaijan Republic, being guided by Item 13 of part I of article 94 of the Constitution of the Azerbaijan Republic, decides:

In the Law of the Azerbaijan Republic "About mortgage" (The collection of the legislation of the Azerbaijan Republic, 2005, No. 6, Article 461 (volume I); 2024, No. 5 (book I), Article 493; 2025, No. 4 (the book I), Article 315, No. 5, Article 440, No. 8, Article 744) to make the following changes:

1. Under Article 9:

1.1. In Article 9.4 after the word "benefit" to add the word "except as specified, provided in the first offer of article 9.5 of this Law";

1.2. Under Article 9.5:

1.2.1. in the first offer after the word "between" to add the word is notarized";

1.2.2. Add the third offer of the following content:

"Change of the priority right in case of payment of mortgage requirements is subject to additional state registration according to article 14 of this Law".

2. Under Article 14:

2.1. At the end of Article 14.1.4 to replace point with semicolon, to add Article 14.1.5 of the following content:

"14.1.5. when the priority right in case of payment of mortgage requirements changes between mortgage providers".

2.2. In Article 14.2 to replace the word "and" with comma, and after the word "alienation" to add the word "and change of the priority right in case of payment of mortgage requirements" to this Article.

3. State Article 16.3 in the following edition:

"16.3. Except as specified, provided by articles 14.1.2 and 14.1.5 of this Law, the payment for additional state registration of mortgage is paid by the borrower if other is not provided in the mortgage agreement. In case, the stipulated in Article 14.1.5 these Laws, the state payment it is paid by the pawnbroker to whom the privilege is transferred".

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