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BGB 1133 If , as a result of the deterioration of the plot of land , the security of the mortgage is endangered , the creditor may determine for the owner a reasonable period of time to remove the danger . After the expiry of the period , the creditor is entitled to seek satisfaction from the plot of land immediately , if the danger has not been removed by the improvement of the plot of land or by the creation of another mortgage . If the claim is interest-free , and is not yet due , the creditor is entitled only to the amount which , when the statutory interest for the period from payment until due date is added to it , equals the amount of the claim .
Level:
Leistung:
fehlt
Status:
Englisch
BGB 1133
If
,
as
a
result
of
the
deterioration
of
the
plot
of
land
,
the
security
of
the
mortgage
is
endangered
,
the
creditor
may
determine
for
the
owner
a
reasonable
period
of
time
to
remove
the
danger
.
After
the
expiry
of
the
period
,
the
creditor
is
entitled
to
seek
satisfaction
from
the
plot
of
land
immediately
,
if
the
danger
has
not
been
removed
by
the
improvement
of
the
plot
of
land
or
by
the
creation
of
another
mortgage
.
If
the
claim
is
interest-free
,
and
is
not
yet
due
,
the
creditor
is
entitled
only
to
the
amount
which
,
when
the
statutory
interest
for
the
period
from
payment
until
due
date
is
added
to
it
,
equals
the
amount
of
the
claim
.
