| Fachwort |  |  | 
  | Deutsch | reduction | Grundwort | fehlt | 
	| Fachbebiet | fehlt | Trennung: | re|du|ction | 
  	| Inhalt | fehlt | Status: |  | 
  | Worttyp | fehlt | 
  |  | BGB 290 If the obligor is obliged to compensate for the value of an object that has been destroyed during a period of default or cannot be returned for a reason occurring during a period of default , the obligee may demand interest on the amount to be paid as compensation from the point of time onwards on which the determination of the value is based . The same applies if the obligor is obliged to compensate for the reduction in value of an object that deteriorates during the period of default . | 
|  | BGB 343. 1 If a payable penalty is disproportionately high , it may on the application of the obligor be reduced to a reasonable amount by judicial decision . In judging the appropriateness , every legitimate interest of the obligee , not merely his financial interest , must be taken into account . Once the penalty is paid , reduction is excluded . | 
|  | BGB 441. 2 If more than one person comprises either the buyer or the seller , price reduction may be declared only by all or to all of them . | 
|  | BGB 441. 3 In the case of a price reduction , the purchase price is to be reduced in the proportion in which the value of the thing free of defects would , at the time when the contract was entered into , have had to the actual value . To the extent necessary , the price reduction is to be established by appraisal . | 
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