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=S=> BGB 1255. 1 For the cancellation of the pledge by legal transaction , it is sufficient for the pledgee to declare to the pledgor or to the owner that he gives up the pledge .
=S=> BGB 1255. 2 If the pledge is encumbered with the right of a third party , the approval of the third party is necessary . Approval is to be declared to the person in whose favour it is given ; it is irrevocable .
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