(1) The pledged item may be sold only subject to the condition that the purchaser immediately pays the sale price in cash and that they forfeit their rights if this does not take place.
(2) If the sale is effected without this provision, the sale price is to be seen as received by the pledgee; the rights of the pledgee against the buyer remain unaffected. If the immediate payment of the sale price is not made, the same applies, unless the reservation of the forfeiture of rights is invoked before the end of the auction.