| Fachwort |
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| Deutsch | instalment | Grundwort | fehlt |
| Fachbebiet | fehlt |
Trennung: | instalment |
| Inhalt | fehlt |
Status: | |
| Worttyp | fehlt |
| BGB 498. 1 With regard to a loan that is to be repaid in instalments , the lender may only give notice of termination on account of the default in payment of the borrower if the borrower is in default in the payment of at least two consecutive instalments in whole or in part and by at least ten per cent , in the case of a consumer loan contract running for more than three years by five per cent , of the nominal amount of the loan or of the instalment price , and the lender has without result given the borrower a period of two weeks for payment of the amount in arrears and has declared that in the case of failure to pay within the period , the lender will demand the entire residual debt . At the latest when the lender specifies a period of time , the lender is to offer to the borrower to discuss the possibility of an arrangement by mutual consent . |
| BGB 499. 2 Finance leasing contracts and contracts for the supply of a specified thing or the provision of a specified service in return for instalment payments ( instalment payment transactions ) are governed , subject to subsection ( 3 ) , by the special provisions contained in sections 500 to 504. |
| BGB 499. 3 To the extent laid down in section 491 ( 2 ) and ( 3 ) , the provisions of this subtitle do not apply . With regard to an instalment payment transaction , the cash payment price takes the place of the net loan amount referred to in section 491 ( 2 ) no . 1. |
| Section 502 Required information , legal consequences of defects of form in instalment payment transactions |
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