Research On Exercising Recall Right In Financial Leasing

Compared with the traditional financing way, getting equipments is another financial leasing characteristic. Thanks to guarantee of creditors’ rights and Jus in Rem, China’s financial leasing industry is developing strongly. Precisely because not only the owner is not the person who has right to use the leasehold, but also the leasehold time is long. Under certain conditions the leaser’s property right protection is challenged. When lessee has lost the right to occupy the leasehold, the leaser can recall it. But recall right is hard to exercise so that it is ought to be protected by legislation rapidly.