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BGB 1287 Where the debtor performs under sections 1281 and 1282 , then upon performance the creditor acquires the object provided and the pledgee a pledge over the object . Where performance consists in the transfer of the ownership of a plot of land , the pledgee acquires a debt-securing mortgage ; if it consists of the transfer of ownership of a registered ship or a ship under construction , the pledgee acquires a ship mortgage .
Level:
Leistung:
fehlt
Status:
Englisch
BGB 1287
Where
the
debtor
performs
under
sections
1281
and
1282 ,
then
upon
performance
the
creditor
acquires
the
object
provided
and
the
pledgee
a
pledge
over
the
object
.
Where
performance
consists
in
the
transfer
of
the
ownership
of
a
plot
of
land
,
the
pledgee
acquires
a
debt-securing
mortgage
;
if
it
consists
of
the
transfer
of
ownership
of
a
registered
ship
or
a
ship
under
construction
,
the
pledgee
acquires
a
ship
mortgage
.
