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Better security of receivables Currently, a joint mortgage - as the security of one that can be obtained on several real properties - may be established under an agreement between the owner of the real properties and the creditor. As a result of the establishment of such a mortgage, the creditor - the mortgagee - may demand, at his own discretion, the satisfaction of his claims in whole or in part, from each of the encumbered real properties separately, or from some of them or from all of them collectively. This method of securing the receivables is especially useful in crediting activity, particularly as far as the financing of large investments is concerned. Receivables are better secured on several real properties, owned by one or more people. The establishment of joint mortgages The amended Act on Land & Mortgage Registers and Mortgage provides for two methods of establishing joint mortgages: through the partitioning of the real property or under an agreement