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Book 3 · Law of property  ›  Title 1 · Mortgage › Section 1163

Owner mortgage

(1) If the claim for which the mortgage is created fails to come into existence, the owner is entitled to the mortgage. If the claim is extinguished, the owner acquires the mortgage.

(2) A mortgage with regard to which the issuance of a mortgage certificate is not excluded belongs to the owner until the certificate is handed over to the creditor.

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