THE ROLE OF NOTARY/PPAT (LAND DEED OFFICIAL) IN MAINTAINING THE PREFERRED POSITION OF CREDITORS WITH THE MAKING OF DEED OF GRANTING COLLATERAL AND POWER OF ATTORNEY

Abstract

The Mortgage is a guarantee institution over land that is erased if the Land Rights entrusted with it are erased. One of the reasons for the abolition of land rights is when the rights expire or are in the process of renewing rights. Renewal of rights is the addition of the validity period of a right after the expiration period or before the expiration of the renewal period. The research is normative juridical legal research and has an analytical perspective, with research data in the form of secondary data collected by document study. The collected data will be analyzed using conceptual, statute, and case approaches. Based on the data obtained, it can be concluded that the role of the Notary in maintaining the preferred position of the creditor is to assist the debtor in renewing rights for the benefit of the creditor who has lost the object of collateral, as well as making a Deed of Granting Collateral and Power of Attorney which contains the debtors promise to fulfill his achievements and rebinding the collateral object after completion of the rights renewal process.