摘要:This article examines certain problematic issues in fiduciary alienation (a type of defeasible ownership) of immovable assets as security for performance of obligations that are not satisfactorily dealt with in the governing legislation: acquisition of permanent ownership of the assets by the secured creditor; the compensation that should be paid to the debtor for improvements made to the assets; and the scope of application of the rule that requires the secured creditor to release the debtor on acquiring permanent ownership of the assets.