Flexibilität, Sicherheit und Effizienz der Grundpfandrechte in Europa ...
Flexibilität, Sicherheit und Effizienz der Grundpfandrechte in Europa ...
Flexibilität, Sicherheit und Effizienz der Grundpfandrechte in Europa ...
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Bewertungssystem für die rechtlichen Rahmenbed<strong>in</strong>gungen <strong>in</strong> Kont<strong>in</strong>entaleuropa 151<br />
5. TRANSFER<br />
5.1. Non-Certificated Right<br />
The assignment of a non-certificated right is opposable to third parties only upon<br />
registration.<br />
Registration of the assignment requires the consent of the previously registered owner<br />
of the Eurohypothec. National law may require an agreement between the previous<br />
and the new owner of the Eurohypothec as a substantive requirement for the<br />
assignment of the Eurohypothec.<br />
5.2. Certificated Right<br />
The assignment of a certificated right is governed by the law of the state where the<br />
land is situated.<br />
The assignment is effective only if the Eurohypothec certificate has been handed over<br />
to the new hol<strong>der</strong> of the Eurohypothec.<br />
5.3. Formal Requirements<br />
Formal requirements as to the parties’ declarations of assignment, registration and<br />
transfer of the certificate must be the same as for other mortgages <strong>und</strong>er national<br />
law.<br />
5.4. Good Faith<br />
Whoever, accord<strong>in</strong>g to national law, acquires <strong>in</strong> good faith, is protected,<br />
• as if the registered person were the true mortgagee,<br />
• <strong>in</strong> case of a certificated right also, as if the hol<strong>der</strong> of the certificated right were<br />
the true hol<strong>der</strong> of the Eurohypothec, provided he can prove his right by an<br />
unbroken cha<strong>in</strong> of assignments <strong>in</strong> authentic <strong>in</strong>struments.<br />
This does not affect the owner’s objections (5.6.).<br />
5.5. Independence of Secured Claim<br />
The transfer of the Eurohypothec cannot be made dependent on the condition of<br />
transfer of the secured claim.<br />
5.6. Owner’s Objections<br />
National law may provide<br />
• either that the security agreement <strong>in</strong> its latest version is b<strong>in</strong>d<strong>in</strong>g for any future<br />
hol<strong>der</strong> of the Eurohypothec and any third party as long as the security provi<strong>der</strong> is<br />
not the hol<strong>der</strong> of the Eurohypothec.<br />
• or, alternatively, that the previous Eurohypothec hol<strong>der</strong> is liable for all damages<br />
<strong>in</strong>curred by the owner, if he assigns the Eurohypothec without b<strong>in</strong>d<strong>in</strong>g the<br />
assignee to the security agreement.<br />
If the hol<strong>der</strong> of the Eurohypothec transfers it to a third party, the hol<strong>der</strong> must <strong>in</strong>form<br />
the third party about the security agreement. If there is no further agreement, the<br />
hol<strong>der</strong> can fulfil this obligation by hand<strong>in</strong>g over the orig<strong>in</strong>al documents to the third<br />
party.<br />
The owner’s rights to redemption are not subject to any time limitation or prescription<br />
as long as the Eurohypothec is registered.