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BGB 776 If the creditor waives a preferential right connected with the claim , a mortgage or ship mortgage , a pledge existing for the claim or a right against a co-surety , then the surety is released to the extent that he would have been able to obtain compensation under section 774 from the right waived . This also applies if the right waived only arose after assumption of the suretyship .
Level:
Leistung:
fehlt
Status:
Englisch
BGB 776
If
the
creditor
waives
a
preferential
right
connected
with
the
claim
, a
mortgage
or
ship
mortgage
, a
pledge
existing
for
the
claim
or
a
right
against
a
co-surety
,
then
the
surety
is
released
to
the
extent
that
he
would
have
been
able
to
obtain
compensation
under
section
774
from
the
right
waived
.
This
also
applies
if
the
right
waived
only
arose
after
assumption
of
the
suretyship
.