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Dokument BGB Book 3 Law of Property
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132
=S=> BGB 1170. 1 Where the creditor is unknown , his right may be excluded by means of a public notice procedure if ten years have passed since the last entry in the Land Register with reference to the mortgage and the right of the creditor has not been recognised by the owner within this period in a manner appropriate under section 212 ( 1 ) no . 1 for the limitation period to recommence . If a calendar date is stipulated for payment of the claim , this period shall not commence before the end of the payment date .
=S=> BGB 1170. 2 When the exclusory order comes into legal effect , the owner acquires the mortgage . The mortgage certificate issued to the creditor becomes invalid .