The Legal Effect of Finance Leasing Registration

In the financing leasing business, the lessor enjoys the ownership of the leasehold and the lessee possess the leasehold. In view of the movable property takes the possession as the right way of publicity, it is easy for the lessee to dispose of the leasehold without authorization and cause the leasehold to be acquired by the third party with good faith in the case of the separation of the ownership and the possession of the leasehold. In order to overcome the deficiency of "public ownership", it is necessary to establish a financial leasing registration system. At present, the system responsible for the registration of financial leasing is not the statutory authority. It has confrontation force only in specific institutions and specific areas. In view of the system undertakes a major function and operates more mature, therefore, the author suggests the system as a legal authorized registration authority of the finance lease to maintain the leasehold safety, and promote the healthy development of the leasing industry.