Civil Code Article 878
This English translation was last updated on 2021-01-20, but the Chinese text was amended on 2026-08-17. Later amendments may not be reflected in the translation — please refer to the Chinese text.
A mortgagee who has not received payment by the maturity of a claim may enter into a contract to acquire the ownership of the mortgaged property, or dispose of it by any means other than an auction, unless so doing would be prejudicial to the interests of the other mortgagees.
中文原文 民法第878條
抵押權人於債權清償期屆滿後，為受清償，得訂立契約，取得抵押物之所有權，或用拍賣以外之方法，處分抵押物。
但有害於其他抵押權人之利益者，不在此限。
但有害於其他抵押權人之利益者，不在此限。