Short answer
A mortgage concerns immovable property; a pledge applies to movable items and relevant property rights. Both secure claims but differ in creation, registration and enforcement.
Practical example
An apartment may be mortgaged and a vehicle pledged. Renaming the contract does not change the asset’s nature.
What to do
Identify the asset and debt first, then check special restrictions. Specify amount, parties, asset and enforcement. Mortgage eligibility requires separate assessment, particularly between individuals.
Legal basis
Georgian Civil Code — Articles 254, 286, 289. Checked on 28 October 2026. The outcome depends on the contract, facts and evidence.
YURFIRMA can review your documents and help prepare the appropriate demand or agreement. Contact us.
This is general information and does not replace a legal assessment of your specific case. The current law and the relevant facts are checked again when you seek advice.