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BGB 1187 Only a debt-securing mortgage may be created for a claim under a bearer bond , under a bill of exchange or under any other instrument that can be transferred by endorsement . The mortgage is deemed to be a debt-securing mortgage , even if it is not described as such in the Land Register . The provision of section 1154 ( 3 ) does not apply . There is no claim for the deletion of the mortgage in accordance with sections 1179a and 1179b.
Level:
Leistung:
fehlt
Status:
Englisch
BGB 1187
Only
a
debt-securing
mortgage
may
be
created
for
a
claim
under
a
bearer
bond
,
under
a
bill
of
exchange
or
under
any
other
instrument
that
can
be
transferred
by
endorsement
.
The
mortgage
is
deemed
to
be
a
debt-securing
mortgage
,
even
if
it
is
not
described
as
such
in
the
Land
Register
.
The
provision
of
section
1154 ( 3 )
does
not
apply
.
There
is
no
claim
for
the
deletion
of
the
mortgage
in
accordance
with
sections
1179a
and
1179b.