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=S=> BGB 464. 1 Exercise of the right of preemption occurs by declaration to the person obliged . The declaration is not subject to the formal requirements laid down for the purchase agreement .
=S=> BGB 464. 2 When the right of preemption is exercised , the purchase takes effect between the person entitled and the person obliged , subject to the terms that the person obliged agreed with the third party .
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