Mortgagable property can be real estate or chattel. Real estate, including completed or under construction buildings, self-occupied houses, shops, etc. ; Movable property includes vehicles, airplanes, factory equipment, steel, mechanical parts, live birds, art collections, jewelry, website domain names and other valuable property. In addition, although China's construction land and sea areas are owned by the state, their right to use can be used as property collateral. The properties that can be mortgaged are:

(1) Houses and other things fixed on the ground owned by the mortgagor.

(2) Machines, means of transport and other property owned by the mortgagor.

(three) the right to use state-owned land, houses and other fixed objects on the ground that the mortgagor has the right to dispose of according to law.

(4) State-owned machinery, vehicles and other property that the mortgagor has the right to dispose of according to law.

(five) houses or other buildings that have not been built or are being built according to law may be mortgaged after the parties have registered the mortgaged property.

(six) the borrower to buy their own housing as collateral for loans, the full value of the housing must be used for mortgage loans.

People's Republic of China (PRC) Civil Code

Article 395 The following property that the debtor or a third party has the right to dispose of may be mortgaged:

(a) buildings and other land attachments;

(2) The right to use construction land;

(3) the right to use the sea area;

(4) Production equipment, raw materials, semi-finished products and products;

(5) Buildings, ships and aircraft under construction;

(6) means of transportation;

(seven) other property not prohibited by laws and administrative regulations. The mortgagor may mortgage the property listed in the preceding paragraph together.

Article 399 The following property shall not be mortgaged:

(1) Land ownership;

(two) the right to use collectively owned land such as homestead, private plots and private hills, except those that can be mortgaged according to law;

(3) Educational facilities, medical and health facilities and other public welfare facilities of non-profit legal persons established for the purpose of public welfare, such as schools, kindergartens and medical institutions;

(4) Property whose ownership and use right are unknown or controversial;

(5) Property that has been sealed up, detained or supervised according to law;

(6) Other properties that may not be mortgaged according to laws and administrative regulations.

Article 402 Where the property specified in Items 1 to 3 of the first paragraph of Article 395 of this Law or the building under construction specified in Item 5 is mortgaged, the mortgage registration shall be handled. The mortgage is established at the time of registration.

Can the collateral be sold during the mortgage period?

Collateral cannot be bought or sold during the mortgage period. If the mortgagee agrees to provide a separate guarantee and informs the assignee at the same time, or if the mortgagee negotiates and signs an agreement to repay the debt with the purchase price and informs the assignee, it may. If the mortgaged property is transferred, the mortgage right will not be affected. Where the mortgagor transfers the mortgaged property, it shall promptly notify the mortgagee. If the mortgagee can prove that the transfer of the mortgaged property may damage the mortgage right, he may require the mortgagor to pay off the debt or deposit the proceeds of the transfer to the mortgagee in advance. The part of the transfer price exceeding the amount of creditor's rights belongs to the mortgagor, and the insufficient part is paid off by the debtor.