In the case of the book mortgage, the formation of a letter by agreement and registration is excluded (section 1116 (2) BGB). The book mortgage is used less frequently than the letter mortgage.
Book mortgage (Buchhypothek)
- Construction progress disruption (Bauablaufstörung)
- Building notification (Bauanzeige)
- Building permit (Baugenehmigung)
- Building Use Ordinance (Baunutzungsverordnung)
- Construction contract (Bauvertrag)
- Gross floor area (Bruttogrundfläche)
- Property developers (Bauträger)
- Creditworthiness (Bonität)
- Ground monument (Bodendenkmal)
- Letter mortgage (Briefhypothek)
- Book mortgage (Buchhypothek)