The pension debt is a burden on the property in such a way that on regular recurring dates a certain sum of money is to be paid out of the property (pension). This is a special form of the The mortgage is, according to German property law, the real right to demand the payment of a certain amount of money from a piece of real estate or a right equivalent to land (for example, a residential property or a hereditary building right). The..., The debtor (owner) has - after a notice period of usually six months - the right to replace his debt against payment of a lump sum.
The amount of this transfer fee must be determined when ordering the pension obligation and in A register kept by the land registry office, from which the legal conditions are clear at real estate. The land register is divided into the divisions I, II and III .... be registered.
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