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Dokument BGB Book 3 Law of Property
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70
=S=> BGB 1256. 1 The pledge is extinguished if it coincides with ownership in the same person . There is no extinction as long as the claim for which the pledge exists is encumbered with the right of a third party .
=S=> BGB 1256. 2 The pledge is not deemed to be extinguished if the owner has a legal interest in the continuation of the pledge .