Fachwort |
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Deutsch | pledged | Grundwort | fehlt |
Fachbebiet | fehlt |
Trennung: | pledged |
Inhalt | fehlt |
Status: | |
Worttyp | fehlt |
| BGB 490. 2 The borrower may give early notice of termination of a loan contract where for a specified period of time a fixed rate of interest is agreed and the loan is secured by a security right in land or a maritime lien , complying with the notice periods in section 489 ( 1 ) no . 2 , if his justified interests require this . There is such an interest in particular , without limitation , if the borrower has the need to otherwise realise the thing pledged to secure the loan . The borrower must compensate the lender for the damage incurred by the lender as a result of this early termination ( compensation for early termination ) . |
| BGB 1003. 1 The possessor may , notifying the amount required as reimbursement , require the owner to state , within a reasonable period determined by the possessor , whether he ratifies the outlays . After the expiry of the period , the possessor is entitled to seek satisfaction from the thing under the provisions on the sale of a pledged item , and in the case of a plot of land under the provisions on execution of judgment on immovable property , if the ratification is not made in good time . |
| BGB 1059b A usufruct may , by reason of the provision of section 1059a , neither be seized , nor pledged , nor encumbered by a usufruct . |
| BGB 1128. 3 Apart from this , the provisions governing a pledged claim apply ; the insurer may not , however , plead that he did not know of the mortgage shown in the Land Register . |
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