The person in charge of the branch uses his own property as a mortgage loan. If he doesn't repay the mortgage, will the head office bear the responsibility?

If the parties take personal property as mortgage loan, in the case of failure to reach an agreement with the head office, the mortgage loan shall be borne by the parties themselves, which is not recognized by law.

If the parties mortgage the real estate in their own name, they should first negotiate with the company, sign an agreement on personal private property, and go through notarization. In this way, even if I can't get a loan for my personal property mortgage, I will go directly to the company instead of looking for someone. If an individual signs a similar agreement with the company, the original must be one for each person and notarized at the local notary office. Otherwise, if the company has a lot of troubles in the future, the law can't help you.