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| Deutsch | fixed | Grundwort | fehlt |
| Fachbebiet | fehlt |
Trennung: | fixed |
| Inhalt | fehlt |
Status: | |
| Worttyp | fehlt |
| Division 4 Periods of time and fixed dates |
| BGB 489. 1 The borrower may terminate a loan contract , in whole or in part , where for a specific period of time a fixed rate of interest has been agreed if the pegging of the rate of interest ends prior to the time determined for repayment and no new agreement is reached on the rate of interest , observing a notice period of one month to end at the earliest at the end of the day on which the pegging of the rate of interest ends ; if an adjustment of the rate of interest is agreed at certain intervals of up to one year , the borrower may only give notice to end at the end of the day on which the pegging of the rate of interest ends ; if the loan is granted to a consumer and not secured by a security right in land or a maritime lien , at the end of six months after complete receipt , observing a notice period of three months ; in any case at the end of ten years after complete receipt , observing a notice period of six months ; if , after the loan is received , a new agreement is reached on the repayment period or the rate of interest , the date of this agreement replaces the date of disbursement . |
| 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 492a. 1 If a fixed interest rate is agreed in the loan contract , and if the fixing of interest ends prior to the time determined for repayment , the lender shall inform the borrower at the latest three months prior to the end of the fixing of interest whether he is willing to reach a new agreement as regards interest . If the lender declares his willingness thereto , notification must contain the interest rate offered by the lender at the time of notification . |
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