[eu]cite

Home› Civil Code & Private Law› BGB (EN)

Book 3 · Law of property  ›  Title 1 · Mortgage › Section 1127

Extension to insurance claim

(1) If objects that are subject to the mortgage are covered by insurance for the owner or the owner-occupier of the plot of land, the mortgage extends to a claim against the insurer.

(2) Liability for the claim against the insurer is extinguished if the insured object is restored to its original condition or a replacement is provided for it.

←→ also move between sections