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safekeeping
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safekeeping
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BGB 237 A movable thing may be provided as security only up to the amount of two thirds of its estimated value . Things may be rejected as security if their spoilage is to be feared or if their safekeeping involves special difficulties .
BGB 304 If the obligee is in default , the obligor may demand reimbursement of extra expenses he was obliged to incur for the futile offer as well as for safekeeping and preservation of the object owed . § Div2
BGB 383. 1 If the movable thing owed is not suitable for deposit , the obligor may in case of default by the obligee have it auctioned at the place of performance and deposit the proceeds . The same applies in the cases set out in section 372 sentence 2 , if spoilage of the thing is to be feared or safekeeping is associated with disproportionate costs .
Section 688 Typical contractual duties in safekeeping