第三部分为共同抵押的效力。
其次，对楼花再抵押的效力问题进行了分析。
Secondly, it inquires into validity of remortgage by contractor and purchaser.
我国现行立法和司法均不承认重复抵押的效力，学说上对该问题也多持否定的态度。
Our country's current legislation and administration of justice do not acknowledge the effect of repeated mortgage, hold more attitudes denied to this question on the theory.
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