Swiss Civil Code


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Art. 787

2. Re­demp­tion

a. By the cred­it­or

 

1 The cred­it­or may re­quest re­demp­tion of the real bur­den by agree­ment and also:648

1.649
if the ser­vi­ent prop­erty has been di­vided and the cred­it­or does not ac­cept the trans­fer of the debt to the di­vided parts;
2.
if the own­er re­duces the value of the land without provid­ing oth­er se­cur­ity by way of re­place­ment;
3.
if the debt­or is in ar­rears for three years’ worth of per­form­ance.

2 If the cred­it­or re­quests re­demp­tion due to the di­vi­sion of the prop­erty, the he or she must give one year’s no­tice of ter­min­a­tion with­in one month of the trans­fer be­com­ing leg­ally bind­ing.650

648 Amended by No I 1 of the FA of 11 Dec. 2009 (Re­gister Mort­gage Cer­ti­fic­ates and oth­er amend­ments to Prop­erty Law), in force since 1 Jan. 2012 (AS 2011 4637; BBl 2007 5283).

649 Amended by No I 1 of the FA of 11 Dec. 2009 (Re­gister Mort­gage Cer­ti­fic­ates and oth­er amend­ments to Prop­erty Law), in force since 1 Jan. 2012 (AS 2011 4637; BBl 2007 5283).

650 In­ser­ted by No I 1 of the FA of 11 Dec. 2009 (Re­gister Mort­gage Cer­ti­fic­ates and oth­er amend­ments to Prop­erty Law), in force since 1 Jan. 2012 (AS 2011 4637; BBl 2007 5283).

 

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