(1) The owner may exercise the right of redemption only after giving previous notice. The notice period is six months, unless otherwise provided.
(2) A restriction of the right to give notice is admissible only to the extent that the owner may, after 30 years, give notice, observing the six-month notice period.
(3) If the owner has given notice, then after the expiry of the notice period the creditor may demand payment of the redemption sum from the plot of land.